General questions about Paysaxas
What countries are supported?

🌍We onboard companies from 100+ FATF-cooperative jurisdictions, including Australia, EU-EEA, Ukraine, Georgia, Armenia, Kazakhstan, Uzbekistan and others.

🇪🇺The EEA includes Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden.

We do not transact with sanctioned countries including Russia, Cuba, Iran, Venezuela, North Korea and Syria and reserve the right to refuse service based on other information.

What is Paysaxas?

PaySaxas debuts a unique payments experience, focused on international trade. We are licensed in Lithuania as a Virtual Currency Provider (Company Registration Code/License: 305956247) and Canada as a Money Services Business (Company Registration Code/License: M23680092)

Can I open a business account remotely?

The onboarding process is 100% remote & online

Where is PaySaxas located?

Paysaxas has representative offices throughout the world including Lithuania and Canada

Who does Paysaxas serve?

Paysaxas serves global business customers and select HNWIs that require fast, efficient transactions and exchange in fiat and crypto

What is B2B Banking?

B2B means Business to Business. For instance – Paysaxas is a business serving mostly other businesses

What does "fiat money" mean?

Fiat refers to national currencies, issued by central banks

What does crypto mean?

Crypto means cryptocurrency such as USDT or BTC

Questions about transfers
When will the bank transfer reach my Paysaxas account?

Transfer processing times vary based on location and currency. See transfer timeframes below:

SWIFT: Transfers usually take 12 hours, however in special cases may take longer. The average time reserved for a SWIFT transaction is 5 business days.
SEPA: Instant to 2 hours, in special cases transactions may take longer.

The time starts after the transfer has been sent, most transfers are not processed during weekends or bank holidays.

If you haven’t received the transfer after the timeframe has passed, click here or contact your Relationship Manager.

What are the limits for money transfers?

We do not have limits on transfers. Certain currencies may have limits set by our correspondent partners. If you have any queries, please reach out to your Relationship Manager

What information do I need to make a payment?

To make a payment through PaySaxas, you will need to have the following information:

1. Full account details of the recipient, including:
Bank name
Account name
Account number
2. SWIFT/BIC code: This is a unique identification code assigned to the recipient’s bank
3. Payee’s address

Supporting documentation may be required

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