As a Monevium account is a EUR IBAN account, all euro payments sent fom/ to your Monevium account are SEPA.
- SEPA payments
SEPA or Single Payment Area is a payment method for making cross-border European bank transfers. SEPA makes EUR transfers between the nations in the European Union and EEA easier, cheaper and faster. The SEPA region currently consists of 36 countries.
A user can send and receive funds from both companies and individuals. The SEPA payments may take up to 2 business days to processed.
Note! International and cash payments are not allowed with Monevium at the moment. Payments can only be made and received from SEPA accounts.