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Global Payments
Fast, reliable international payments
Send international payments via established routes, including SWIFT and supported local rails. Get the visibility and controls you need to manage cross-border payments with confidence as volumes grow.
- Payouts in over 70+ currencies1
- Transactions to 170+ countries1
- Access competitive, wholesale exchange rates
- Transparent pricing with no hidden fees
Fast, secure global payments
Reach suppliers and partners worldwide
Send funds in 70+ currencies¹ to recipients in 170+ countries, using trusted routes, including SWIFT. Transfer funds instantly between Sokin accounts.
Save when you sendTransparent FX. No hidden fees.
Avoid unexpected charges and exchange-rate markups. See FX pricing and fees clearly, so you can forecast international payment costs more accurately.
Built-in controls for growing teams
Define user access and approval flows so the right people can authorize every transaction, supporting strong governance as volumes grow.
How it works
Hassle-free international payments
Local payment methods. Global reach.
Route payments through supported local networks where available, not just traditional wires. Reduce intermediaries and keep international payment costs more predictable.
- Fewer intermediaries
- More predictable costs
- Improved payment success
- Familiar local methods
Always-on transfers between Sokin accounts
Move funds instantly between Sokin accounts to keep liquidity available across your business.
- 24/7 internal transfers
- No bank cut-off times
- Instant between Sokin accounts¹
- Supports multi-entity operations
Pay at scale, without the operational drag
When payment volumes grow, manual processes break down. Execute high-volume global payouts in one action, reducing repetitive work and the risk of errors. Upload recipients in bulk, then send up to 5,000 payments at once, routed by destination and currency.
Why choose us for global payments?
Run international payments through a platform designed for consistency, control, and accountability as volumes grow. Combine global reach with clear execution paths and dedicated operational support - so you can stay in control when payments matter most.
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Get consistent FX spread on every payment
Know exactly what you're paying, no matter where you send money. Plan with confidence and avoid unexpected costs on global transactions.
Automate payouts with the Sokin API
Send funds and convert currencies without manual input. Eliminate boring tasks and customise your payment experience with the Sokin API.
Send money anytime, even after hours
Make free and instant international payments to other Sokin accounts, even after hours and on weekends. Keep business moving, no matter the time of day.
Pay multiple beneficiaries at once
Process up to 5,000 unique international payments in one go. Save time, reduce manual work, and streamline large-scale payouts effortlessly.
Prevent unauthorised transactions
Keep your funds safe with built-in approval controls. Set user permissions for payment authorisation, ensuring every transaction is reviewed before it’s sent.
Built for your trust
Client funds safeguarded
Client funds are held separately from Sokin’s own operating funds and placed with established banking partners.
Regulated where services are provided
Sokin operates through regulated entities in key markets, supporting strong governance and compliance standards. View regulatory details.
Security designed for financial institutions
Infrastructure built to meet financial-institution security standards, with controls designed to help protect accounts and data. Visit our Trust Center.
Global payments FAQs
How long does an international transfer take?
International transfer times depend on the payment route and destination.
- • SWIFT payments typically settle within one to two business days, depending on the destination bank and any intermediary processing.
- • Supported local payment methods are often faster and may be completed the same day or within 24 hours, where available and depending on route.
- • In some cases, transfers may take longer due to compliance reviews, regulatory checks, or bank processing requirements.
Estimated delivery times are shown during payment setup so you know what to expect before sending funds.
What details are required to send an international payment?
To send an international bank transfer, you’ll generally need:
- • The recipient’s full name (as registered with their bank)
- • The recipient’s bank name and country
- • An account number or IBAN (where applicable)
- • A SWIFT/BIC code for the receiving bank
- • Additional details such as a routing number or sort code, depending on the country
You can also include a payment reference to help with reconciliation and tracking.
Should I use SWIFT or a local payment method?
The best option depends on your priorities and the destination.
- • SWIFT is widely supported and suitable for most international payments but may involve longer processing times and intermediary fees.
- • Local payment methods, where available, are often faster and can be more cost-effective, particularly for same-currency payments.
If both routes are supported, Sokin helps you choose the most appropriate option based on speed, cost, and destination.
What fees apply to international payments?
International payments typically include:
- • A transaction fee for external transfers
- • An FX fee when a currency conversion is required
All applicable fees are shown clearly before you confirm a payment, so you have full visibility into costs upfront. You’ll see applicable fees before you confirm a payment, so costs are clear up front.
Manage business payments anywhere with the Sokin app
*New customer onboarding is only available via our web portal.
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