DocumentationGlobal Bank Accounts
Global Bank Accounts allow eligible Nova users to receive and manage funds using local or international banking details, depending on the services...
Global Bank Accounts allow eligible Nova users to receive and manage funds using local or international banking details, depending on the services available to their account.
By providing access to supported banking networks, Global Bank Accounts make it easier to receive payments, manage funds across different regions, and participate in the global financial system without maintaining multiple traditional bank accounts.
What Is a Global Bank Account?
A Global Bank Account provides banking details that can be used to receive funds in supported currencies and regions.
Depending on your account, you may be issued one or more sets of banking details for different currencies or payment networks.
The banking details available to you depend on your account configuration and regional availability.
Available Banking Details
Depending on the supported payment network, your Global Bank Account may include information such as:
- Account holder name
- Bank name
- Account number or IBAN
- Routing or branch code
- SWIFT/BIC code
- Other payment network identifiers
The information displayed will vary depending on the currency and banking network.
Receiving Funds
You can use your Global Bank Account details to receive payments from supported banks and financial institutions.
To receive a payment:
- Open the appropriate Global Bank Account.
- Select the currency or banking network.
- Share the displayed banking details with the sender.
- Wait for the payment to be processed.
- Once completed, the funds will appear in your account.
Always provide the banking details exactly as shown.
Managing Multiple Currencies
If your account supports multiple currencies, you may receive separate banking details for each currency.
Each set of banking details is intended for receiving payments in its associated currency unless otherwise indicated.
Using the correct banking details helps ensure payments are processed efficiently.
Payment Processing
Incoming bank transfers are processed through external banking networks.
Processing times may vary depending on:
- Banking network
- Currency
- Sending institution
- Country or region
- Business days and public holidays
- Regulatory or compliance reviews
Security
Treat your banking details with the same care as you would a traditional bank account.
Before sharing your account information:
- Confirm you are providing the correct currency account.
- Verify the recipient understands which payment network to use.
- Only share your banking details with trusted individuals or organizations.
Frequently Asked Questions
Can I have more than one Global Bank Account?
Yes. Depending on your account, you may have access to banking details for multiple currencies or payment networks.
Can I receive international payments?
If supported by your account, you may receive payments from supported international banking networks.
Why do different currencies have different banking details?
Each currency may use a different banking network or financial institution, requiring its own account information.
Can I use these banking details for every type of payment?
Your banking details should only be used for supported payment methods and currencies. Always follow the instructions shown within your account.
Summary
Global Bank Accounts make it easier to receive funds through supported banking networks using local or international banking details. If your account supports multiple currencies, you’ll be able to manage separate banking details for each supported currency while keeping your funds accessible from a single Nova account.