Yes, there are some restrictions:here.
You can also receive international payments in EUR via SEPA.
To see your EUR SEPA details, go to the 'Payments' tab > tap 'Details' next to your main
account > 'EUR SEPA'. Then, tap 'Share' to share them with your payors from SEPA countries and receive payments from them.
You can deposit most types of cheques accepted by UK banks and in pounds sterling, but cheques in other currencies won’t be accepted.
Traveller's cheques, bank giro credits, electronic vouchers or other non-standard cheques can’t be deposited into your account. We can only accept cheques payable from a UK bank participating in the Image Clearing System.
We don’t accept paper cheques. Paper cheques posted to the Tide London office won’t be processed and will be returned.
A single cheque deposit can’t exceed £500.
To learn more about SEPA, and how to use it to send or receive international payments, visit the dedicated FAQ page.
You can receive international payments in GBP via SWIFT (Society for Worldwide Interbank Financial Telecommunication) too.
To do this, you’ll need your SWIFT account details. You can find these in your app by tapping the ‘Payments’ tab > ‘Details’ next to your main account > ‘SWIFT’. Then tap ‘Share’ to send your details to your payors.
We will charge you 20p per payment. If you’re using one of our paid plans, we’ll start charging the 20p fee after you’ve gone over your monthly free transactions limit.
You can’t send payments via SWIFT but we will let you know if we make this possible in the future.
