The Single Euro Payments Area, known by its acronym SEPA (Single Euro Payments Area) is a euro payment network that includes 44 nations (all European Union members, plus Iceland, Liechtenstein, Norway, Switzerland, Monaco, and San Marino). Transfers made between banks within this network are always carried out under the same conditions and rights.
How to make a SEPA transfer from belo?
From your belo wallet, you can send euros to a bank account of yours or a third party in one of the 44 countries that are part of the Single Euro Payments Area (SEPA). Find out how to make euro transfers.
How to receive a payment via a SEPA transfer?
To receive a transfer, it is necessary to share your IBAN (short for International Bank Account Number). This way, the sending bank will be able to identify the destination bank account and execute the transfer.
When creating an international collection in the belo app, you will find a button to easily share your account details with the sender of the transfer.
It is through EU Regulation 260/2012 that technical requirements are established for euro transfers that take place between the participating countries of SEPA.
For any questions or concerns regarding the international collections feature, do not hesitate to contact us from the app chat or via email at [email protected].