What are SWIFT and IBAN payments?

SWIFT is a secure and efficient international payment method used for bank transfers worldwide. IBAN is an International Bank Account Number. It's a code of 34 letters and numbers that helps banks process secure international transfers. Your IBAN is unique to your FSCS protected Tide Business Account. You can see and share your GBP SWIFT IBAN through your Tide app. Tap 'Details' next to your Tide current account > 'SWIFT' > then 'Share'. A BIC code (also known as SWIFT-BIC or SWIFT code) is a specific code used to identify financial institutions participating in the SWIFT network. BICs typically consist of 8 or 11 alphanumeric characters and are used in conjunction with your IBAN.

Instead, select: ‘Payment’ > enter the price > ‘Continue’, directly on the terminal.

Your customer can tap or insert their card, and the payment will land in your account within 3 business days. 

If you prefer, you can use the Tide app to take a payment with your card reader, too.

In the app, tap: ‘Get paid’ > ‘Take a payment’ > enter the price > ‘Take a payment’.

After your customer taps or inserts their card in the terminal, the payment will land in your account within 3 business days.