Bank transfer

Local Bank Payouts

Local Bank Payouts is a domestic bank transfer scheme used widely across all regions Parapay covers. Useful for higher-ticket purchases where buyers prefer not to use cards. Funds are credited in EUR once the underlying rail clears. Used as an outbound disbursement rail, not for accepting payments.

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Start accepting Local Bank Payouts

What you can do with Local Bank Payouts

Use these features alongside Parapay's unified API.

Pay-out

Where Local Bank Payouts works

Local Bank Payouts works in every market Parapay supports.

Americas

9 countries
BoliviaBrazilCanadaChileColombiaEcuadorMexicoPeruUnited States

Europe

34 countries
AndorraAustriaBelgiumBulgariaCroatiaCyprusCzech RepublicDenmarkEstoniaFinlandFranceGermanyGreeceHungaryIcelandIrelandItalyLatviaLiechtensteinLithuaniaLuxembourgMaltaMonacoNetherlandsNorwayPolandPortugalRomaniaSlovakiaSloveniaSpainSwedenSwitzerlandUnited Kingdom

Africa

1 country
Kenya

Asia

12 countries
ChinaHong-KongIndonesiaJapanMalaysiaPakistanPhilippinesSingaporeSouth KoreaSri LankaThailandVietnam

Oceania

2 countries
AustraliaNew Zealand

Supported currencies

Settle and report in any of the 14 currencies Local Bank Payouts supports.

EURUSDMYRHUFSGDCOPMXNCLPPHPBRLTHBIDRCZKCAD
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  2. Dang Technologies Inc. (Canada) is registered with FINTRAC as a Money Services Business (MSB). Registration No.: [BC1399004]

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