SWIFT collections
SWIFT (Society for Worldwide Interbank Financial Telecommunications) is a globally recognized messaging network utilized by banks and financial institutions for secure and efficient international money and security transfers. It enables the swift and accurate exchange of information between financial institutions, facilitating seamless transactions across borders. The SWIFT collection function allows you to receive third party funds from all unrestricted currencies supported by RZForex.
Local collections
Local payment methods refer to popular payment options within a specific geographic location. These methods are commonly used and preferred by individuals and businesses in that region. RZForex offers a convenient collections solution by providing you with pre-established local accounts to expedite payments in Australia, the United States, the United Kingdom, Canada, and the Eurozone. To help you expand your global business and enhance customer experience, users can apply for up to three local AUD accounts on RZForex.