An international bank account allows you to directly send a payment to a foreign payee’s account, allowing them to receive the payment more quickly. When associating an international bank account with a payee, you may require an IBAN and a SWIFT/BIC number for the account.
From the Payees page, select the desired payee.
Once selected, click the Add Account button, next to the Payment Accounts title. Then, click International from the What Type of Bank Account Is This? page.
The Rho application will display the Beneficiary Details page followed by the Beneficiary Address page, where you can confirm the Beneficiary information before you provide the account information. Review the information on each page for accuracy, and click Continue.
Enter the bank details and select the desired currency for the beneficiary and click Continue:
From the Beneficiary Bank Details page, you must specify the account details for the beneficiary’s bank. The required account details on the page are based on the Currency and Country selected on the Beneficiary Bank Details page. Provide the necessary account information, as well as a nickname for the account, if desired, and click Continue to add the account to the payee.
If there is a correspondent bank needed, checkmark the box right below Account Nickname and then Continue. If you don't have any correspondent bank information, don't checkmark that box, just click Continue and your payee is ready!
