SEPA Transfers

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SEPA will enable customers to make cashless euro payments to any account

The project’s aim is to improve the efficiency of cross-border payments and turn the fragmented national markets for euro payments into a single domestic one.

What do we Offer?

The SEPA payment system is the most widely used form of online payments in Europe.

The Single Euro Payments Area (SEPA) initiative created a zone for the Euro in which all electronic payments are considered domestic, and where there is no difference between national and intra-European cross border payments. SEPA will increase your payment coverage to over 520 million consumers.

European business and consumers will thus have an additional and convenient method to transfer payments, and merchants can increase their sales by offering SEPA payments to their customers.

We provide each account with a dedicated IBAN and your Company name. Enhance your business with one of our accounts,

SEPA guarantees that euro payments are received within a guaranteed time with no deductions

The purpose of the single euro payment area (SEPA) initiative is to make cross-border electronic payments as inexpensive and easy as payments within one country.


SEPA Credit Transfer

SEPA Credit Transfer (SCT) allows for the transfer of funds from one bank account to another. SEPA clearing rules require that payments made before the cutoff point on a working day, be credited to the recipients account within one working day.


SEPA Instant Credit Transfer

SEPA Instant Credit Transfer (SCT Inst), also called SEPA Instant Payment, provides for instant crediting of a payees (less than ten seconds, initially, with a maximum of twenty seconds in exceptional circumstances).


SEPA Direct Debit

Direct debit functionality is provided by two separate schemes. The basic scheme, Core SDD, was launched on 2 November 2009,`{`11`}` and is primarily targeted at consumers. Participation by banks offering SEPA payments is compulsory