What does the record “IR 150” in Rate Streamer mean?
It means that interest rate of 150 USD has been added to your deposit. • What is a Beneficiary bank? Beneficiary bank is the bank via which the Client transfers money or the bank to which money for the Client should be transferred. • What is a Destination bank? Since our Company has accounts in different banks, in order to accelerate transfer procedures we ask to specify to which bank you have transferred the funds. This information is displayed in the ‘Destination Bank’ field. • What is ABA? ABA is the international bank account number. It is used in the American banking system. • What is an Intermediary bank? Intermediary Bank is the bank via which the beneficiary bank transfers funds during an international money transfer. • What is IBAN? IBAN (International Bank Account Number) is the international bank account number according to which the recipient of funds can be unambiguously identified. It is used in the European banking system. • What is SWIFT? SWIFT code is the international
