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What are scheduled payments and standing orders?

A ‘scheduled payment’ is a recurring or one-off payment from your account where you specify how much and when to send the money.here

This is different from a transfer when you send money straight away. 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. 

‘Standing orders’ are recurring scheduled payments, for the same amount, with a frequency you choose.

You can set up scheduled payments in your Tide app and Tide on web.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.

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