How long does it take to process payments?
It all depends on the type of transaction. International payments usually take 3-5 business days to reach their destination. Most SEPA payments are settled within one business day of being initiated.
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Can I cancel my payments?
Yes! You have a 10 minute payment cancellation window. Countdown will start from the moment a payment is submitted.
Why is my transaction pending?
When a payment is marked as “pending” it means that the payment process still needs to be completed. In most cases, this simply means that you need to wait for this to happen. In general, it can take up to three business days for a pending ...
How does an intermediary bank work?
An intermediary bank acts as a 'middleman' in a transaction. It bridges the gap between two different bank accounts (held by two different banks, in two different countries) to ensure smooth, speedy, and seamless cross-border payments
What payment methods does PaySaxas account supports?
We provide two options for details: Dedicated IBAN and non-dedicated IBAN (one option in the name of your company, and one in the name of PaySaxas) We offer International payments, SEPA and USDC
Are there any transaction limits on PaySaxas?
There are no limits on incoming or outgoing transactions. However, for larger transactions, we may request additional documentation such as invoices, purchase orders, bills of lading, contracts, etc. as part of our compliance monitoring process.