What are SEPA transfers?
We understand that some of you have experienced challenges when attempting to fund money transfers using your bank cards.
In light of this, we’d like to introduce a reliable alternative:
Make payments via SEPA (Single Euro Payments Area)
Why choose SEPA?
Secure and Reliable
SEPA is a reliable payment option used in Europe.
Lower Decline Rates
Compared to card transactions, SEPA transfers experience lower decline rates.
Fast Transactions
SEPA is instant 75% of the time and is as quick as card payments.
Fee-Free
By choosing to fund your transfers via SEPA using Paysend, you can benefit from a money transfer free of charge.
How to use SEPA?
Follow these simple steps:
- Open your Paysend app or website and click How to pay your transfer. Select SEPA instant & regular transfer options.
- Set up a payment option through your internet or mobile banking.
- Deposit the exact amount you wish to send your recipient with the reference code into the Paysend EUR account. This amount will be the one transferred straight away.
- 75% of the time, transfers are successful within a few minutes.
Останні дописи
Sending money abroad should feel simple, but if your international transfer is delayed or not received, it’s natural to wonder what went wrong.
International money transfers can be delayed, held, or returned for several reasons, most commonly due to compliance checks, missing information, processing cut-off times, or intermediary bank reviews. Industry reporting suggests that while the majority of transfers complete successfully, a small but meaningful share requires manual handling or additional processing, which can cause delays.
It’s important to understand that international money transfers involve multiple institutions, compliance checks, and settlement systems. Because of this, delays or exceptions are not unusual and are typically linked to process or regulatory requirements rather than technical failures or user mistakes.
With that in mind, this guide explains why international transfers may not be received as expected, how often this happens and what you can realistically do next.
Following the earthquakes that struck Venezuela on 24 June 2026, Paysend is waiving its transfer fee on money sent to Venezuela for two weeks, from 25 June to July 9 2026, so you can support family and friends without paying a fee. Exchange rates apply as normal, and you'll always see the full cost before you send.
