How do I receive Euro EUR?
To receive EUR, you need to share your EUR account details with the sender.
If payment originates from any of the SEPA Countries (see list below):
Share your named IBAN number with the sender. You will receive the money within the same day but it is dependent on the sending bank. You will receive the full amount. You can receive a max of €1,000,000,000 in a single transaction.
If payment originates outside the SEPA Countries list
Share your SWIFT account details with the sender. There is no limit on the amount you can receive. The time it will take for the money to reach you is dependent on the sending and intermediary banks. You will receive the full amount if the person/company sending the SWIFT Transfer has chosen a SWIFT (OURS) transaction.
You will receive a reduced amount if the sender has chosen SWIFT(SHA) when initiating the SWIFT transfer from their bank, as intermediary banks deduct fees.
You can access this from the Dashboard → View Accounts → EUR → My EUR Account Details
List of SEPA Countries
- Czech Republic
- San Marino
- United Kingdom
- Vatican City