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What sets apart International Transfers and SEPA transfers?
What sets apart International Transfers and SEPA transfers?
Updated this week

International Transfers

International Transfers are widely used to send and receive money globally. It enables the transfer of funds between banks across different countries in various currencies.

Key Points:

  • Global Reach: We support 51 countries for International Transfers.

  • Currencies: Transactions are available in a wide range of major currencies. We support 22 different currencies for our International Transfers.

  • Processing Time: Typically, it takes up to 5 business days for the funds to appear in the recipient's account.

SEPA Transfers

SEPA (Single Euro Payments Area) transfers are designed for transactions within the Eurozone. These transfers are made in euros (EUR) and allow bank customers to make national or cross-border transfers within European countries at the same cost and speed as local transfers.

Key Points:

  • Geographic Scope: SEPA covers 36 European countries, including 28 EU member states (Austria, Belgium, Bulgaria, Cyprus, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovenia, Slovakia, Spain, and Sweden), 3 EEA countries (Norway, Liechtenstein, Iceland), and additional countries (Switzerland, Monaco, San Marino, and the UK).

  • Currency: Transactions are conducted in euros (EUR).

  • Processing Time: Typically, it takes up to 2 business days for the funds to appear in the recipient's account.

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