Our smartphones have become an extension of us, making everyday life more convenient and more connected. Sending money is no exception. Send money to anyone, anywhere via SMS in seconds.
Sending money has never been easier or quicker.
Open the FerratumBank app on your smartphone, select Make a Payment, then select SMS payment.
Enter the first and last name of the recipient followed by their phone number. Alternatively, select a previously saved contact. No personal details or account details required.
Include an optional message or reference number, or even send a photo such as a receipt or photo of the item. Enter the amount you would like to send then move the slider to the right to send the payment. If you like, you can also save the recipient’s details for future use.
Recipients receive an SMS notifying them they have money to collect. The recipient simply clicks on the link in the SMS which will direct them to a website where they enter the unique transaction code included in the SMS along with their IBAN to receive the money. No registration or account required. It's that simple!