Home Transactions and Payments How to send a SEPA transfer

How to send a SEPA transfer

Last updated on Jun 20, 2026

SEPA transfers let you send euros to bank accounts in the Single Euro Payments Area (SEPA).

How to send a SEPA payment

  1. Log in to the Moneybeat app.
  2. Go to SendSEPA transfer.
  3. Select an existing beneficiary or Add new beneficiary.
  4. Enter the recipient's IBAN and name (BIC is optional for most SEPA payments).
  5. Enter the amount in EUR.
  6. Add a payment reference (required by some recipients).
  7. Review and confirm.

Processing time

SEPA transfers are typically completed within 1 business day. Some payments may arrive on the same business day depending on cut-off times.

Before you send

  • Make sure your account is fully verified.
  • Double-check the IBAN — incorrect details may delay or return the payment.
  • Ensure you have sufficient balance including any applicable fees shown in the app.