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SWIFT owns and administers the BIC system. The BIC is the same as the bank’s SWIFT address.

A BIC (Bank Identifier Code) identifies the beneficiary’s bank quickly and easily.

IBAN stands for International Bank Account Number and is a number attached to all accounts in EU countries plus Norway, Switzerland, Liechtenstein and Hungary. The IBAN is made up of a code that identifies the country where the account is held, the account holder’s bank, and the account number itself. The IBAN makes it easier and faster to process cross-border payments.

Yes, unfortunately. We depend on the current banking system which charges TavexWise. The positive aspect is that we do not charge even higher fees. They are as low as possible for you.

You can transfer money virtually to every corner of the world. There are some exceptions based on what kind of transfer you wish to make. Should you need further assistance, do not hesitate to contact our country manager.

You need to log in to your account and change them in the settings menu.

Restore it via our website or contact us via phone, email or in person.

Contact us via our website or contact the country manager.

Business clients and private persons all over the world can register an account. There are some exceptions. Should you need further assistance or clarification, please contact us.

Business accounts need a valid ID, proof of residency and a transcript from the Companies Registry. We take fraud very seriously and our compliance measures require that you show up in person so we can identify you.