SEPA (Single Euro Payments Area) payments

Efficient and secure money transfers within the Eurozone or between residents of other countries. Enjoy straightforward registration, minimal fees, and instantaneous transactions by opening an account in the SEPA payment system through Metax.

Run SEPA payment the right way

Execute SEPA payments seamlessly by leveraging Metax.

Unlock the advantages of SEPA UK for your business or personal finances using Metax. Monitor transactions, manage your funds, and streamline payments with automation. Optimize your financial workflow by consolidating operations within a single platform.

Typically, users must navigate multiple accounts across various systems to facilitate money transfers, often encountering additional service fees per transaction. In contrast, Metax provides centralized access to SEPA payment and processing within your workspace, simplifying the entire process.

International Business Account

To initiate a payment through methods such as SEPA transfer UK, you'll need to:

  • Ensure the recipient's full name is accurately entered and up-to-date. Any errors could prevent the recipient from receiving the transfer. This principle applies to all subsequent steps as well.
  • Verify the recipient's IBAN meticulously by cross-referencing the numerical and textual characters with the provided information. Entering incorrect data could result in the funds being transferred to an unintended recipient, making it challenging to cancel the transaction afterward.
  • Input the financial institution's identifier, which includes both text characters and a numeric code. This information can typically be found within the recipient's details or on the digital platform of the institution in question. Double-checking this information ensures accurate routing of the funds.
  • Indicate the amount of the transfer, keeping in mind that the transaction is conducted solely in Euros. Therefore, ensure that you have prepared and, if needed, converted the funds in your foreign currency account beforehand. Afterward, review the preceding steps once more to ensure accuracy before proceeding with the transfer.
Metax offer lower fees

This process typically takes approximately 3-5 minutes to complete. Subsequently, the SEPA transfer operation itself may require up to 4 hours to be processed.

Benefit from unique features of SEPA transfers within Metax.

Seamlessly utilize all functionalities of the SEPA payment method directly through the platform. Additionally, save both time and money by leveraging Metax for your transactions.

Create and activate a SEPA payment account

Create and activate a SEPA payment account: 3 steps to get started

Metax prioritizes simplicity and user-friendliness across all its services. As a result, the account registration process is designed to be straightforward and hassle-free, ensuring ease of use for all users.

  • 01

    Enter your information into the designated fields and proceed to confirm your application.

  • 02

    Provide any additional account preferences, financial documentation, or other required information as necessary during the application process.

  • 03

    Engage with a manager to discuss your account application and await approval.

Typically, the entire process is completed within three days. However, because we manually moderate and verify all accounts, it may take slightly longer. Nevertheless, this meticulous process ensures access to a safe and secure work environment, making the wait worthwhile.

FAQ

Metax FAQ

All you need to do to make a SEPA payment is to enter the recipient's IBAN and BIC, specify the recipient's full name, add the transfer amount, double-check the entered data, and click "Send." After that, the recipient will receive the credit within 4 days (the standard time for a SEPA transaction).

As of early 2023, the list of EU regions not included in SEPA includes Northern Cyprus, Faroe Islands and Greenland, French Southern, and Antarctic Territories, French Polynesia, New Caledonia and Wallis and Futuna, Aruba, Caribbean Netherlands, Curacao and St. Maarten, Svalbard and Jan Mayen, British Overseas Territories, excluding Gibraltar and Crown Dependencies.

For our fees structure, please refer to Pricing for Business

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using SEPA on the Metax platform

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