UK Business Account with SEPA, SWIFT & FPS | All Payment Rails

Q: Does ARIDANG support SEPA after Brexit?

Yes. ARIDANG supports SEPA Credit Transfer and Instant SEPA (SCT Inst) for UK businesses. Although the UK left the EU, the SEPA scheme continues to accept UK-based payment service providers such as Gemba Finance Ltd (FRN 804853). Your ARIDANG account can send and receive EUR payments across all 36 SEPA countries.

Q: What is the difference between SEPA and SWIFT?

SEPA (Single Euro Payments Area) is a EUR-only network covering 36 European countries. Transfers typically settle same-day or within 10 seconds (Instant SEPA). SWIFT is a global messaging network supporting 200+ countries and multiple currencies. SEPA is generally cheaper; SWIFT is the choice for non-EUR or non-SEPA-zone payments.

Q: Is there a SWIFT correspondent fee?

ARIDANG's SWIFT fee starts from £15 per outgoing transfer. Depending on the destination country and correspondent bank chain, additional intermediary fees may apply. We display any expected fees before you confirm the transfer.

Q: What is Instant SEPA and do you support it?

Instant SEPA (SCT Inst) is the real-time version of standard SEPA Credit Transfer. Funds arrive in the recipient's account in under 10 seconds, 24 hours a day, 7 days a week, including weekends and public holidays. ARIDANG supports Instant SEPA from your UK business account.

Payment Infrastructure

Every rail. One account.

Whether your business runs on GBP, EUR or both, ARIDANG routes every payment via the right network — automatically.

🇬🇧 UK Zone

FPS — Faster Payments Instant

Instant UK GBP payments. Send and receive within seconds, 24/7 — including weekends and bank holidays. No upper payment limit on incoming transfers.

BACS Batch

Batch UK GBP payments. Ideal for payroll runs and regular supplier payments. Settles in 3 business days with full confirmation.

CHAPS Same-day

Same-day high-value GBP transfers. No upper limit — used for property completions, large supplier payments and time-critical settlements.

🇪🇺 EU Zone

SEPA Credit Transfer EUR

EUR transfers across all 36 SEPA countries. From £0.99 per transfer. Supported by UK-based ARIDANG accounts post-Brexit — no EU entity required.

Instant SEPA 10 sec

EUR transfers settled in under 10 seconds, 24 hours a day, 7 days a week. Real-time confirmation. Ideal for time-sensitive supplier payments across the EU.

Target2 High-value

High-value EUR transfers between European central banks and financial institutions. Used for large corporate settlements and interbank transactions in the Eurozone.

🌍 World Zone

SWIFT 200+ countries

Global wire transfers to over 200 countries in multiple currencies. Full correspondent network access from your UK account. From £15 per transfer. Support for SWIFT GPI tracking.

Why SWIFT matters for UK businesses If you pay suppliers in USD, HKD, SGD or CAD — outside the SEPA zone — SWIFT is the universal rail. Your ARIDANG account provides direct access without needing a separate international banking relationship.

Dedicated IBAN

Your dedicated UK IBAN — one address for all payments

Unlike many payment providers that assign shared pool accounts, ARIDANG issues you a dedicated GB IBAN exclusively yours. Every FPS, SEPA, SWIFT and CHAPS payment you receive arrives directly to your account — not sorted from a shared pool after the fact.

This means cleaner reconciliation, faster settlements, and a stronger audit trail. Your clients, suppliers and partners pay directly to your unique IBAN number, regardless of which rail they use.

✓ Dedicated IBAN — not pooled or shared with other businesses

✓ Accepts GBP (FPS, BACS, CHAPS) and EUR (SEPA) on one account number

✓ Full transaction history with rail labels for instant reconciliation

✓ Real-time sync with Xero and QuickBooks

✓ Accepted by banks and ERPs as a standard UK business account

Dedicated

ARIDANG Business

● Active

Account IBAN

GB29 ARDN 1234 5678 9012 34

Sort: 12-34-56 · Acc: 12345678 · BIC: ARDNGB2L

Available Balance

£ 48,290.00

Currencies held

🇬🇧 GBP

🇪🇺 EUR

🇺🇸 USD

🇨🇭 CHF

🇨🇦 CAD

+11 more

FPS BACS CHAPS SEPA Instant SEPA Target2 SWIFT

What our customers say

Businesses built on multi-rail payments

★★★★★

"We send 200+ SEPA payments monthly to EU suppliers. ARIDANG handles it all at £0.99 each — our old bank was charging £8 per EUR transfer."

Marta S.

Operations Director · Warsaw, Poland

★★★★★

"Having SWIFT, SEPA and FPS in one account was the key requirement. ARIDANG was the only provider that ticked all three with a real dedicated IBAN."

Risto A.

Treasurer · Helsinki, Finland

★★★★★

"Our clients pay us in GBP via FPS and we pay suppliers in EUR via SEPA. One account, zero headaches."

Bogdan I.

Director · Bucharest, Romania

Common questions

SEPA, SWIFT & FPS — answered

Does ARIDANG support SEPA after Brexit?

Yes. ARIDANG supports both SEPA Credit Transfer and Instant SEPA (SCT Inst) for UK businesses. Although the UK left the EU's Single Market, the SEPA scheme continues to accept UK-based payment service providers such as Gemba Finance Ltd (FCA FRN 804853). Your ARIDANG account can send and receive EUR payments across all 36 SEPA countries without needing an EU-registered entity or a separate EUR account with a European bank.

What is the difference between SEPA and SWIFT?

SEPA (Single Euro Payments Area) is a EUR-only payment network covering 36 European countries. Standard SEPA Credit Transfers typically settle same-day; Instant SEPA settles in under 10 seconds. SWIFT is a global messaging network used to transfer funds between banks in over 200 countries, supporting multiple currencies (USD, GBP, CHF, HKD, etc.). SEPA is generally much cheaper (from £0.99 with ARIDANG); SWIFT is the right choice for non-EUR or non-SEPA-zone payments. Your ARIDANG account supports both from a single IBAN.

Can I receive both GBP (FPS) and EUR (SEPA) in the same account?

Yes. Your ARIDANG business account comes with a single dedicated GB IBAN that accepts GBP payments via FPS, BACS and CHAPS, as well as EUR payments via SEPA and Instant SEPA — all on the same account. You hold separate GBP and EUR balances and can convert between them at 0.70% FX margin. There is no need to share two separate account numbers with your clients and suppliers.

Is there a SWIFT correspondent fee?

ARIDANG's published SWIFT fee starts from £15 per outgoing transfer. Depending on the destination country and the correspondent bank chain used to route the payment, additional intermediary fees may be deducted by banks in the chain (SHA/OUR options available). We display any expected fees before you confirm the transfer, so you know exactly what will arrive. There are no hidden ARIDANG markups on top of the published rate.

What is Instant SEPA and do you support it?

Instant SEPA (formally SCT Inst — SEPA Credit Transfer Instant) is the real-time version of the standard SEPA payment scheme. Funds arrive in the recipient's account in under 10 seconds, 24 hours a day, 7 days a week, including weekends and public holidays. Maximum transaction amount is €100,000 per transfer. ARIDANG fully supports Instant SEPA from your UK business account — both sending and receiving. If the recipient bank does not yet support SCT Inst, the payment automatically falls back to standard SEPA.

SEPA SEPA in / SEPA out	from £0.99
FPS FPS incoming	Free
FPS FPS outgoing	from £0.25
SWIFT SWIFT outgoing	from £15
CHAPS CHAPS	from £20
Internal transfers (between ARIDANG accounts)	Free

UK Business Account with
SEPA, SWIFT, FPS & More

Every rail. One account.

Your dedicated UK IBAN — one address for all payments

What you'll pay, per transfer

Hold, convert and send in 16 currencies

Businesses built on multi-rail payments

SEPA, SWIFT & FPS — answered

One account.
Every payment rail.

UK Business Account withSEPA, SWIFT, FPS & More

Every rail. One account.

Your dedicated UK IBAN — one address for all payments

What you'll pay, per transfer

Hold, convert and send in 16 currencies

Businesses built on multi-rail payments

SEPA, SWIFT & FPS — answered

One account.Every payment rail.

UK Business Account with
SEPA, SWIFT, FPS & More

One account.
Every payment rail.