Despite the massive use of electronic and contactless payments, we all need cash from time to time. Using credit cards, mobile banking applications, and making money transfers online is simple, fast, and convenient. Nevertheless, cash is still a must in many cases, especially if you’re traveling to countries with no-so-developed financial systems or purchasing something from small local shops. That’s why today we’re talking about what cash withdrawal is and how it works. What is a cash withdrawal? To put it simply, a cash withdrawal is obtaining physical cash (banknotes) from a bank account. The funds from a currency bank
Due to the issues of our banking partner, Genome is facing an unfortunate update related to SWIFT.
For this reason, starting May 21st, Genome will not be able to accept and process any new requests for SWIFT transfers and currency exchange.
We are deeply sorry for the inconvenience, but we want to assure you that it is a temporary problem Genome is trying to resolve ASAP. Rest assured that we will inform you as soon as the issue is fixed.
Meanwhile the SEPA transfers are still at your disposal and will be handled with no delays, as well as other Genome services. You can always contact the Genome’s support team if you have any further questions, and they will gladly address all your concerns.