SEPA and SWIFT solve different problems. SEPA is fast and cheap, but only for EUR between participating countries. SWIFT reaches almost anywhere, in almost any currency, but timing and cost vary more by corridor.
A single business account typically uses SEPA for EUR payments to and from other participating countries, and SWIFT for everything else — different currencies, or payments to countries outside SEPA's scope. Most companies need both, not one or the other.
Same or next-business-day settlement (or instant, where supported), consistent low pricing, but restricted to euro and scheme-participating countries.
Works in almost any currency to almost any bank account globally, but fees and timing depend on the corridor and how many correspondent banks are involved.
The right rail is decided by the specific payment, not a general preference for one network over the other.
There's rarely a need to choose one exclusively — a well-set-up account uses SEPA where it applies and SWIFT for everything else.
Tell us about your structure, activity and payment needs — the essentials, not a full application.
We assess the structure and requirements against what providers typically accept before recommending a direction.
We identify a suitable regulated provider and explain what is realistically available for your case.
You complete official KYC/KYB directly with the regulated financial provider — not with Latynex.
The provider makes the final decision and activates the account. We stay involved if anything needs coordinating.
Latynex is not a bank or electronic money institution. Financial accounts and payment services are provided by independent, regulated financial institutions. Final eligibility and approval are determined by the selected provider, following its own KYC/KYB review.
No — most business accounts support both, using whichever is relevant to each specific payment's currency and destination.
For EUR within SEPA countries, SEPA is typically cheaper and faster. For everything else, SWIFT is generally the only option, and its cost varies by corridor.
No. Latynex is not a bank, EMI or payment institution. We review your case and, where suitable, introduce it to an independent, regulated financial provider who handles the account itself.
No. No introducer can guarantee a banking or payment-account decision. The provider you are introduced to runs its own KYC/KYB review and makes the final call under its own policies.
Typically: certificate of incorporation, register of directors and shareholders, proof of UBO identity and address, a description of business activity, and evidence of source of funds. Exact requirements vary by provider.
Setup and ongoing fees vary with jurisdiction, ownership structure, business activity, expected turnover and compliance profile. The provider discloses its fees before you proceed, and any Latynex advisory fee is disclosed separately.
No obligation — we review your case and respond with a straight answer.
Tell us about your company and payment needs — we review the case and point you to a provider genuinely suited to it.
Check eligibility