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What is the SEPA-zone?


This comprises the member countries of the EU, plus UK, Iceland, Liechtenstein, Monaco, Norway, and Switzerland.

From 1 May 2016 the UK Crown Dependencies (Jersey, Guernsey and the Isle of Man) were also added.

Payments to these countries will require the IBAN only for the beneficiary if the payment is being routed via SEPA (entering a BIC is optional). You may need to enter the BIC or alternative account details for certain payments.

If a Standard priority payment is sent to a SEPA-zone country in Euro (EUR) currency then it will likely route as a SEPA payment if certain requirements have been met. In these instances, it is likely that charges will be significantly lower.

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