PayDo launches dedicated USD IBAN via SWIFT network

The introduction of the USD IBAN is designed to streamline how companies operating across borders manage funds in a major currency

PayDo, the payments technology platform, has introduced dedicated USD IBAN accounts available through the SWIFT network, significantly improving access to international transfers for its clients.

This strategic launch enables businesses and professionals to receive US dollar payments directly, avoiding delays often caused by intermediary bank checks.

The introduction of the USD IBAN is designed to streamline how companies operating across borders manage funds in a major currency.

Clients can now send, receive, hold balances in USD, and exchange funds into other supported currencies, all within the platform. Critically, all transactions adhere to PayDo’s internal compliance procedures, which removes the need for slow, third-party screening and ensures faster settlement times.

The new USD accounts are part of a broader effort to provide more practical and versatile tools for international money movement. By consolidating support for over 60 currencies, including EUR, GBP, JPY, NGN, and AED into one multi-currency account, PayDo is reducing operational friction for its global user base.

Our clients require practical tools for managing international payments. They appreciate speed, transparency and versatility, so we put these values at the centre of the update, said Serhii Zakharov, founder and CEO at PayDo.

He explained that the launch of the USD IBAN via SWIFT reflects the firm’s ongoing commitment to providing payments infrastructure that adapts to clients’ day-to-day needs. It also simplifies the process of holding and moving funds in major currencies, without unnecessary steps or delays.

The expanded currency support allows users to receive, store, exchange, and send funds globally with consistent operational procedures across all supported regions. This versatility covers payments to partners, vendors, contractors, and institutions across the world, ensuring the service maintains seamless compliance and efficiency regardless of the geographical destination.