additional details to be provided for payment method - SWIFT

[VlVEK]

SWIFT international wire transfer

Why

SWIFT is an international bank settlement system which supports a cross currency transfer from any bank on the network to any other bank in the currency of choice of the sender

the practical experience has been that each bank has its own choice of currency to be sent to a particular country with different disclosure requirements for each currency and this differs from bank to bank

the trade could also potentially end up in conflict if both the taker and maker happen to be of the same country

Buy Bitcoin
takers should be able to confirm if they are able to make payment in the currency requested in the maker's seat of bank country
makers should be able to confirm the countries where they can send the payment in the currency offered

Sell Bitcoin
takers should be able to confirm if they are able to accept payment in the currency offered in the maker's seat of bank country
makers should be able to confirm the countries from where they can accept the payment in the currency offered

Region

Worlwide

Currencies

ALL

Data requirements

the hover on the payment method should also disclose the "maker's seat of bank country" and "accepted seat of bank countries"