Master International Bank Transfers

SEPA transfers are used for Euro payments within the Single Euro Payments Area (36 European countries), typically completing in 1 business day with low or no fees. SWIFT transfers are used for international payments worldwide and can take 1-5 business days with higher fees.

International transfers typically take 1-5 business days depending on the countries involved, currencies, and banks. SEPA transfers within Europe usually complete in 1 business day, while SWIFT transfers to other continents may take 3-5 days.

For international transfers, you'll need the recipient's full name, IBAN (or account number), BIC/SWIFT code, bank name and address, and the transfer amount with currency. Some banks may also require the purpose of the transfer.

Yes, international transfers may incur several types of fees: sending bank fees, correspondent bank fees, receiving bank fees, and currency conversion margins. Always check the total cost before sending and consider using our fee comparison guides.

IBAN (International Bank Account Number) is a standardized format for bank accounts used primarily in Europe and some other countries. You need the recipient's IBAN for SEPA transfers and many international payments. It helps ensure your money reaches the correct account.