What is Local Bank Wire?How is it different from International Bank Wire?
The local bank wire option allows you to receive funds from STICPAY partner banks in your country to your bank account in your own currency.
By using a local banking system in your country, you can save time and money as it eliminates the need for an intermediary bank. Using an intermediary bank would cost you 2-3 days processing time and higher transfer fees incurred by the international bank wire.
2~3 day processing time,
High transfer fees (5%)
STICPAY Partner Local Bank
- Local Bank Wire
Low transfer fees(1~2%*)
Customer’s Local Bank Account
* Processing times can vary depending on the country and the transaction time of the day.
* Fees are different for each country please check the table.