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FAQ's

Q. What countries are Pyrros Accounts available in?

     We can offer accounts to businesses and private individuals throughout the EEA

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Q. How do I sign up for a PYRROS Account and payment services?

     It is extremely easy to sign up for one of our accounts and to access the digital         banking services they provide.   Just contact our BD team and they will for the           relevant documentation to be emailed to you or they will arrange an introductory       call if necessary.

 

Q. Can I hold more than one Pyrros IBAN?

     Yes. Once you have been through our compliance process you can hold                    multiple accounts in different currencies.

 

Q. What do I need to open a Pyrros Account and use the Pyrros Group payment           services?

     You will need to be able to identify yourself/ the company you wish  to open an         account for by answering the questions set out in our onboarding form,                     the documents required are set out in this form for Pyrros to be able to verify the       information received to open an account. Please contact us to start the                     onboarding process today.

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Q. Can you offer accounts to high-risk clients?

    Yes, we can offer financial services to some high-risk clients, depending on their      industry and jurisdiction.  All clients will be assessed by our EU based                      compliance team and enhanced KYC measures may be necessary for some            clients.

 

Q. Who can I pay with my IBAN?

     You can pay into individuals and businesses bank accounts anywhere in the             world in 138 different currencies.

 

Q. How long will the payments take to settle with the beneficiary?

     SWIFT Transfers can take up to 3 days and our standard SEPA times are below;

SEPA transfers 

Approximate time of crediting to the client's account

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8:45 PM – 9:30 AM (Credited11:10 AM)

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9:30 AM – 12 PM (Credited 1:40 PM)

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12:00 PM – 2:30 PM (Credited 4:10 PM)

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2:30 PM – 4:30 PM (Credited  5:40 PM)

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4:30 PM – 8:45 PM  on the following business day at 9:00 AM

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