Transactions limits

What is Instant SEPA Processing?

Instant SEPA allows for immediate transfer of funds within the SEPA region (Single Euro Payments Area).

• Transfer Limit: Up to €100k.
• Processing Time: Instant – transactions are completed right away.

Note that an instant SEPA may be converted to regular SEPA in the following cases:

• The recipient’s bank does not accept Instant SEPA.
• There are technical issues affecting the transaction.
• Compliance checks are required.

What is Regular SEPA Processing?

Regular SEPA processing is used for standard transfers in the Eurozone.

• Transfer Limit: up to 1 cent less than a billion euros
• Processing Time: Typically 1-2 business days, with a maximum delay of 5 business days. Delays may occur due to:
• Technical issues encountered during processing.
• Bank processing times.
• Additional compliance checks that may be required for the transaction.

What is the process for International Transfers?

International transfers allow you to send money in various currencies.

Limits for International Transfers:

• USD:
  • Local routes: Up to 1 million USD.
  • SWIFT network: Up to 1.6 million USD.
• GBP: Up to 1 million GBP.
• CHF: Up to 250 million CHF.

Outgoing Options:

• Local Rails: Available for local currencies; typically faster and less expensive.
• SWIFT Network: Available for USD, EUR, GBP only; processing takes 2-5 business days.

Are there any fees for International Transfers?

• Fees are charged separately from the transaction amount.
• Both the transaction amount and fees are verified for sufficient funds before processing.