SEPA transfer

Definition

The standard for euro transfers within the SEPA area (the EU and a few neighbouring countries).

What it means in practice

A euro transfer within the SEPA area is usually cheap or free and fast. It is the basic way to send euros in Europe.

Why it affects your choice

If you send or receive euros in the EU, SEPA support (and its cost) is key.

Watch out

SEPA is for euros. A transfer in another currency or outside the area goes via SWIFT — usually more expensive and slower.

WTP Finance is for information only; we do not give financial advice.