What are SEPA payments?

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

SEPA aims to make cross-border EUR transfers within this area equivalent to a domestic transfer within your own country. SEPA is made up of the Eurozone, which includes countries within the EU and a few other countries which also support EUR bank transfers.

Once your bank sends the bank transfer, your money should arrive with TransferLab within 1-2 working days, once your bank has confirmed the transfer.