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SEPA is for euro-denominated bank accounts. That's what the E is.
by patrickmcnamara 8y ago
SEPA is for euro-denominated bank accounts. That's what the E is.
- gambiting 8y agoYou can send a sepa transfer out of a non-euro denominated bank account to another non-euro denominated account, but it will get converted to Euro first. That's why I said you get charged twice - once at origin and again at the destination. And you might want to do that if you want the speed of a SEPA transfer - regular inter-bank transfers between different EU countries still take days to process.