What are SEPA Transfers?

SEPA (or the Single Euro Payments Area) is the new format for cross-border Euro bank transfers.

SEPA aims to make cross-border Euro transfers within this area equivalent to a domestic transfer within your own country.

SEPA is made up of the Eurozone, countries within the EU and a few other countries which also support Euro bank transfers. The full list can be found here.

What if your Euro account is in another country?

If you're sending money from a bank based in the SEPA (e.g. UK, France, Switzerland), sending money to one of Wise's Euro accounts shouldn’t cost any more than a regular, local transfer. In the majority of cases, this means it’s free.

Your money should arrive to Wise within 1-2 working days once your bank has confirmed the transfer.

Wise has two Euro accounts, based in Estonia and Germany. They are both 'SEPA-compliant'. More information about these accounts can be found here.

Receiving Euros from Wise

As Wise sends Euros via SEPA transfer, there shouldn't be any receiving fees. However, while banks shouldn't charge for receiving SEPA payments, unfortunately there is a very small number that may still do so. Wise can't tell which banks do or don't charge beforehand, so if you are unsure about this, it is worth checking with the receiving bank.

Once sent out, the recipient of a Euro transfer should receive the money within 1-2 working days.

Use Wise, Save Money

Now that you know about SEPA, use Wise for your international transfers. Banks and other money transfer companies hide their fees in bad exchange rates. Don't get caught out - with Wise you get the exchange rate you find on Google and only pay a low transparent fee.

Check out the calculator below to see how much you can save today.,### SEPA (or the Single Euro Payments Area) is the new format for cross-border Euro bank transfers.

SEPA aims to make cross-border Euro transfers within this area equivalent to a domestic transfer within your own country.

SEPA is made up of the Eurozone, countries within the EU and a few other countries which also support Euro bank transfers. The full list can be found here.

What if your Euro account is in another country?

If you're sending money from a bank based in the SEPA (e.g. UK, France, Switzerland), sending money to one of Wise's Euro accounts shouldn’t cost any more than a regular, local transfer. In the majority of cases, this means it’s free.

Your money should arrive to Wise within 1-2 working days once your bank has confirmed the transfer.

Wise has two Euro accounts, based in Estonia and Germany. They are 'SEPA-compliant'. More information about these accounts can be found here.

Receiving Euros from Wise

As Wise sends Euros via SEPA transfer, there shouldn't be any receiving fees. However, while banks shouldn't charge for receiving SEPA payments, unfortunately there is a very small number that may still do so. Wise can't tell which banks do or don't charge beforehand, so if you are unsure about this, it is worth checking with the receiving bank.

Once sent out, the recipient of a Euro transfer should receive the money within 1-2 working days.

Use Wise, Save Money

Now that you know about SEPA, use Wise for your international transfers. Banks and other money transfer companies hide their fees in bad exchange rates. Don't get caught out - with Wise you get the exchange rate you find on Google and only pay a low transparent fee.

Check out the calculator below to see how much you can save today.