Banks can assist with many kinds of funds transfers. In case you are transferring money from an account to another within the same bank, bank transfers is something that can be done for free. But this involves some legwork. You may have to go to a bank branch in order to initiate a bank wire transfer. Prepare your identification, give the name of the recipient and bank account number and then state why you are making such transfer. Also, you may be asked to offer the Society for Worldwide Interbank Financial Telecommunication (SWIFT) code or International Bank Account Number (IBAN).
In general, banks charge a flat fee, usually around $45, for every wire transfer and this is in addition to the charge which may be set by the receiving institution, usually about $15. For this method, there is often no transaction limit. But for those who don’t want to go through the process in person and prefer the convenience of sending money at the comfort of their home, online payment services are available.
Services Available at Worldcore
Worldcore is a provider of online payment service. It offers a range of international payment solutions that include e-currency payments, bank payment access, Visa/Mastercard payouts, mass payments, prepaid debit cards and international payment processing for businesses and individuals. The online payment service here is a great bank account alternative. Worldcore is owned by EUPSProvider s.r.o, a licensed payment service provider from Czech Republic that is regulated by Czech National Bank.
EUPSProvider was established in 2014 by a professional team that works for the banking services, financial market, IT and electronic finance. These experts have been in the industry for more than ten years. There are only thirty people who work for the company assigned in five different departments. The company’s headquarter is located in Prague.
EUPSProvider wanted to ensure that they offer just a high service level so they work with a group of world-class financial partners that include banks and big payment networks from across the world. The company’s management team continues to ensure that Worldcore offers more functionality to global customers. The company‘s business activities are licensed and include services such as:
- Placement of cash on a payment account and operations needed to operate a payment account.
- Withdrawal of cash from a payment account.
- Money remittance
- Payment transaction execution.
In order to make the payment service of Worldcore the easiest to use and most convenient, the team of experts at the business spent more than one year to research the top online payment solutions to have an understanding what is missing in the present payment systems. Market research has allowed the team to come up with a new international electronic payment solution for businesses and individuals including a set of financial services that people from across the world can benefit from. Worldcore is aimed at ensuring that its clients enjoy the comfort of financial management that they don’t have to visit their banks personally to make money transfers.