Payxpress allows you to pay third parties, however we will need to request documents explaining the reason of such payment for the purpose of our AML obligations.
An example of a valid proof for AML could be a contract and/or an invoice stating both the name of the Payxpress e-Wallet account requesting the payment as well as the name and the Bank details of the beneficiary to whom we will issue the payment to.
Please keep in mind that unjustified payments may not be accepted.
In the main option Transfers, select Outgoing Wire Transfer
- Fill the form with requested information
Finally Select who shall pay the fees:
• OUR (you are paying all fees)
• SHA (Shared fees)
• BEN (Beneficiary will pay)
Once you have submitted the necessary fields, click Continue to proceed to the Confirmation Screen. Once you have confirmed that all the data is correct, press Submit.
Documents will be requested to justify the transfer of funds to a third party.
For big amounts more than 1 document may be requested.
IBAN and Name of Beneficiary MUST be stated on the invoice send in your name.