SEPA credit transfer
Experience convenience and security with ING's SEPA credit transfer solution. You can effortlessly send funds between banks within the Single Euro Payments Area (SEPA) at affordable and transparent pricing. Perfect for one-off payments, these transfers typically clear within just one working day.
Minimise transaction fees and eliminate exchange costs within the eurozone, reducing overall banking costs
Processed much faster than traditional cross-border payments, often with same-day processing
Robust security measures of SEPA ensure safe and reliable transactions
How can SEPA credit transfers benefit your company?
Simplicity
Streamline domestic and European bank transfers into a single system, simplifying the payment process.
Flexibility
Support both single and bulk payments, making them suitable for various business needs, such as salary payments or supplier invoices.
Transparency
Increase transparency, making it easier for businesses to track and manage their financial transactions.
How does ING support SEPA credit transfers?
Initiation countries
ING provides SEPA credit transfer initiation in 19 SEPA countries, including the Netherlands, Belgium, France, Spain, and Germany.
Standardised format
You can use a limited number of accounts and a standardised format for credit transfers across the SEPA area.
Processing time
ING will process your payment within one business days and typically the payment will reach the beneficiary on the same day or the following business day.
Payment references
SEPA credit transfers allow for various payment references, improving reconciliation in business administration.
Are you interested in using SEPA credit transfer for your company?
Contact your ING representative to know more about our full suite of payment solutions.
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