⚙️ New! SEPA Export for Bank Transfers (36 Supported Countries)

✨ What’s New

You can now export payout data directly in SEPA format, fully compliant with ISO 20022 standards, making it easier to upload files to European banks without manual adjustments.

🛠️ Key Features

SEPA Export Support

• Generate a ready-to-use .xml file following ISO 20022 standards.

• Includes all mandatory SEPA sections: Group Header (GrpHdr), Payment Information (PmtInf), and Credit Transfer Transaction Information (CdtTrfTxInf).

Bank & Account Information Mapping

• Requires BIC and IBAN details from the sender.

• New toggle option to include or disable the BIC/Swift Code in payout settings.

Availability

• Available for accounts registered in any of the 36 SEPA countries.

• Supports all currencies accepted within SEPA.

💡 Where You’ll See It

• Offer Page (Payout Processing) → Export button → SEPA (new popup modal will appear to fill in required fields). (1)

• Settings → Payouts (Payout Method tab) → Bank Transfer → Settings button → Bank Transfer Settings modal (with BIC/Swift toggle option). (2)

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⚙️ New! Nacha Export for Bank Transfers (US Accounts Only)

✨ What’s New

You can now export payouts directly into NACHA format, making it easy to generate compliant bank transfer files for US accounts.

🛠️ Key Features

NACHA-Compliant File Export

• Generates a ready-to-upload .txt file following NACHA standards.

• Supports all required NACHA record types: File Header (1), Batch Header (5), Entry Detail (6), Batch Control (8), and File Control (9).

Required Information Capture

• Users must provide key details such as Immediate Destination, Immediate Origin, Immediate Destination Name, and Company Identification (EIN).

• Dedicated input fields ensure data accuracy before export.

Availability

• Available only for accounts with United States selected as the country/region.

• Only for USD currency.

💡 Where You’ll See It

• Offer Page (Payout Processing) → Export button → NACHA (visible only for US accounts). (1)

• Settings → Payouts (Payout Method tab) → Bank Transfer → Settings button → Bank Transfer Settings modal (with BIC/Swift toggle option). (2)

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