Sepa

 

SEPA is a standard for making euro transfers between countries and territories participating in the Single Euro Payments Area (SEPA).
SEPA transfers are processed during the operating hours of participating banks and payment systems. The time when funds are received depends on the submission time and the beneficiary's bank.

With a SEPA transfer you get:

• EUR transfers to accounts in countries and territories participating in SEPA, including some outside the European Union and the European Economic Area.
• A cost-effective way to make EUR transfers within SEPA.
• Secure and reliable payments based on European standards.
• Common rules and conditions across all SEPA payments.
• Funds are usually received within one business day.