Two ways to send euros
| Feature | Regular SEPA | SEPA Instant |
|---|---|---|
| Delivery time | 1 to 2 business days | Up to 10 seconds |
| Availability | Business days | 24/7/365 |
| Ideal for | Supplier invoices, salaries, planned payments | Urgent payments, weekends and holidays |
Why send euros with Satchel
Direct access to SEPA
Direct access to CENTROlink enables euro payments without intermediary banks.
Regular SEPA
Ideal for large and planned payments, with no transaction limit.
SEPA Instant
Send payments in up to 10 seconds, 24/7/365, including weekends and public holidays.
How does it work?
SEPA transfers are only possible between banks and payment service providers connected to the SEPA scheme. For SEPA Instant, both the sender’s and the recipient’s payment service providers must support instant euro transfers.
FAQ
A SEPA Credit Transfer (SCT) is a payment in euros between payment accounts within the Single Euro Payments Area (SEPA). To send one, you need the recipient’s name and IBAN.
A SEPA Instant Credit Transfer (SCT Inst) is a euro payment that can be processed in seconds, 24/7/365, including weekends and public holidays. The service is available when both the sender's and recipient's payment service providers support SEPA Instant.
A regular SEPA transfer typically takes 1–2 business days. A SEPA Instant transfer takes up to 10 seconds and is available 24/7/365.
The Single Euro Payments Area covers 41 countries and territories, including all EU and EEA member states and 11 countries outside the EEA: Albania, Andorra, Moldova, Monaco, Montenegro, North Macedonia, San Marino, Serbia, Switzerland, the United Kingdom and Vatican City State.
A SEPA account is opened automatically once your profile has been approved. It supports both regular SEPA and SEPA Instant transfers and is available for use as soon as it is opened.
