Most Recent Posts

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What is a Sort Code? UK banking code explained

A sort code is a six-digit UK banking code that identifies the bank or payment service provider connected to a UK account. Businesses use a sort code together with an account number to send and receive local UK payments, while Sends helps companies manage UK local payments alongside SEPA, SWIFT, Global IBAN and multi-currency account functionality.

 

12.05.2026

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What is an IBAN number

IBAN (International Bank Account Number) is the ISO 13616 standard for numbering bank accounts in a consistent, internationally usable format. In the official IBAN registry published by SWIFT, the term is defined as an “expanded version” of a domestic account identifier (BBAN), intended for international use and uniquely identifying an individual account at a specific financial institution in a specific country.

 

07.05.2026

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Sends team named hackathon finalists with ‘Financial Pod’

Over two intensive days, we joined engineers and data innovators from across the UK and beyond to explore new approaches to data ownership, privacy, and interoperability — and built a working prototype along the way.

01.05.2026

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Wire Transfer vs. Bank Transfer: Key differences and selection criteria

The primary difference between a wire transfer and a bank transfer (such as ACH or SEPA) lies in the processing speed and cost: a wire transfer moves funds individually in real-time for a higher fee, while a bank transfer processes transactions in batches over 1–3 business days at a significantly lower cost.

22.04.2026

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Are wire transfers instant

 We live in an era of 5G and instant messaging, so we naturally assume that moving digital money should be as fast as sending a WhatsApp. If the data travels at the speed of light, why does the money seem to take the scenic route?

13.04.2026

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Sends CEO Alona Shevtsova speaks at key panels at PAY360

Sends CEO Alona Shevtsova joined two expert panels at Pay360 2026 in London, contributing to some of the event’s most closely followed conversations about the role of artificial intelligence in financial compliance and the commercial maturation of embedded finance.

30.03.2026

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Sends strengthens industry connections at PAY360 2026

Sends successfully exhibited and sponsored PAY360 2026, one of Europe’s leading payments and fintech events, held at ExCeL London on 25–26 March.

27.03.2026

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Sends wins Global SME Banking Innovation Award 2026

Sends has been named winner of Outstanding SME Payments Solution By a FinTech at the Global SME Banking Innovation Awards 2026, organised by The Digital Banker. The award recognises Sends’ work in helping SMEs access practical, modern payment solutions. 

13.03.2026

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Alona Shevtsova named to Powerlist 2025 Standout 45

Our CEO Alona Shevtsova has been named to the Standout 45 of the Innovate Finance Women in FinTech Powerlist 2025, recognising women driving innovation and leadership across the fintech industry.

09.03.2026

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5 ways to budget using your SENDS account

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