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What are SEPA Transfers and Why Should You Use InexPay?


Simplifying financial operations is an essential part of modern life, especially when it comes to international transfers. SEPA (Single Euro Payments Area) transfers were created precisely for this purpose – to simplify sending and receiving money in Europe.

What is SEPA?

SEPA is a European payment system that unites 36 countries and allows users to conduct Euro transactions easily, with low fees, and most importantly, in minimal time.

Why Should You Use SEPA Transfers?

The advantages of SEPA are multifaceted. First, using it is much cheaper than other international transfer systems because it doesn’t require insurance as the system automatically insures the transfer. The transfer also doesn’t need to go through intermediary banks, and the exact amount you send is credited to the recipient’s account. Additionally, transactions are reflected within one business day and are secure because they are regulated by the European Central Bank and don’t require complex banking procedures – providing just the IBAN is sufficient.

What Are the Advantages of Transferring Money to SEPA Countries with InexPay?

InexPay offers users one of the most efficient and low-cost services for sending money to Europe. Money transfers are made with preferential, fixed commissions that depend on the transfer amount:

€1 to €400 – €4

€401 to €1000 – 1% 

€1001 to €10000 – €10 

€10001 and above – €15

This transparent tariff system allows users to anticipate the necessary amounts in advance, avoid any hidden costs, and plan their finances more effectively.

Which Countries Are United in the SEPA System?

Currently, 36 European countries are part of the SEPA zone, which means that transfers within these countries can be made easily, quickly, and with low commissions. In addition to all European Union countries, the list also includes several additional countries such as Norway, Switzerland, Iceland, and the United Kingdom.

Why Should You Choose InexPay?

InexPay is a simple financial application that allows users to conduct transactions without leaving home, with directions and special conditions that have no alternative in Georgia.

Download InexPay today and discover the advantages of modern financial services.