We’re excited to announce SEPA Instant payments on Moneybase which are now available – meaning you can receive Free SEPA Instant transfers from across Europe in seconds. Whether you’re managing personal finances or running a business, your transactions are now faster, smoother, and more convenient than ever before.
What are SEPA payments?
SEPA (Single Euro Payments Area) transfers allow you to send and receive euro payments quickly and securely across 36 participating European countries. Designed to make bank transfers as easy as domestic ones, SEPA ensures your money moves seamlessly between bank accounts within Europe – with low costs, standardized processes, and reliable speed.
Benefits of instant incoming SEPA payments
Super-fast bank transfers
With real-time processing across the SEPA network, incoming payments land in your account within seconds, not hours or days. Whether you’re expecting personal transfers or business payments, you can access your funds immediately – no more waiting around for bank processing times.
Robust security
Every transaction is processed through the trusted SEPA network and fortified by advanced encryption, multi-factor authentication, and strict compliance standards. You can enjoy complete peace of mind knowing your payments are protected against fraud and unauthorised access.
Zero SEPA fees on Moneybase
SEPA payments on Moneybase are completely free, with no fees or hidden charges, regardless of how much you send or receive. It’s a cost-effective way to manage your finances across different bank accounts.
Faster access to cash for businesses
For businesses, instant incoming SEPA payments mean faster access to working capital, smoother cash flow management, and quicker customer settlements. It helps your business stay agile, responsive, and efficient – because when payments arrive instantly, operations move faster too. Discover Moneybase business account plans, starting from €9.99 per month and account opening within 48 hours.
Get started with instant SEPA today
Unlock your instant SEPA payments, simply download the Moneybase app and create your account in just a few minutes. Once you’re set up, you’ll be ready to start receiving instant SEPA transfers on your Maltese IBAN from across Europe, making your financial life faster and more efficient.
If you need any assistance, our customer support team is available 7 days a week through the in-app live chat or by calling us at +356 25 688 688. You can also visit one of our Calamatta Cuschieri Moneybase branches in Fgura, Sliema, Mosta, or Birkirkara
*For SEPA payments to be processed instantly, the corresponding bank must support outgoing instant SEPA transfers. If the corresponding bank does not support instant outgoing payments, the transfer will be processed as a standard SEPA payment instead. Check with the corresponding bank whether they support instant SEPA payments.
SEPA Faqs
A SEPA country is a member of the Single Euro Payments Area (SEPA), an initiative that simplifies euro-denominated bank transfers. SEPA includes all EU countries, plus others like Norway, Iceland, Liechtenstein, Switzerland, and the UK. You can easily send and receive payments across SEPA countries with Moneybase for free – no fees or hidden charges.
A SEPA transfer is an electronic payment in euros between banks in the SEPA zone. It ensures secure, fast, and standardised transfers across Europe. Moneybase offers SEPA transfers with zero fees and instant processing.
Yes, the UK remains a SEPA member even after Brexit. You can send and receive SEPA payments to and from the UK using Moneybase, although some banks may apply additional checks.
A standard SEPA transfer typically takes one business day. However, with Moneybase Instant SEPA, incoming transfers will arrive within seconds, provided the sender’s bank supports instant outgoing SEPA transfers.
To send a SEPA payment, you must first ensure that you have a bank account based in Europe, as SEPA transfers are only available between European banks. Start by logging into your account on the Moneybase App or Web Platform. Once logged in, navigate to the Payments section by tapping the Payments icon located at the bottom of the screen. Select “Bank Transfer” to begin the SEPA payment process. Enter the beneficiary’s details, including their IBAN, BIC/SWIFT code (if required), recipient’s name, and an optional payment reference or message. Then, input the amount you wish to send in euros. Before completing the payment, carefully review all the information to make sure it is correct and then confirm the transfer.
The Single Euro Payments Area (SEPA) is a payment network that simplifies euro-denominated bank transfers across 36 European countries. It ensures that sending euros between countries is just as easy as making a domestic payment. Moneybase fully supports SEPA for instant and seamless transfers.
SEPA payments are standardised euro transactions within the SEPA zone, providing fast, secure, and low-cost transfers. With Moneybase, SEPA payments are not only instant and secure but also completely free.
Non-SEPA payments, also known as SWIFT payments, involve transfers outside the SEPA area. These transactions typically take longer and may incur higher fees at traditional banks. However, with Moneybase, SWIFT payments are offered at highly competitive, low-cost rates compared to most other banks, ensuring you get great value no matter where you’re sending money.
SEPA B2B (Business-to-Business) is a direct debit payment scheme designed specifically for transactions between businesses within the SEPA zone. It offers a secure, automated way for companies to collect euro payments from other businesses. Currently, Moneybase supports SEPA credit transfers, with fees depending on your business account plan.
Payment services are brought to you by Moneybase Limited (MB) C 87193 which is licensed by the MFSA to transact the business of a Financial Institution in terms of the Financial Institutions Act, Cap 376. Moneybase is a subsidiary of Calamatta Cuschieri Moneybase plc with registered address situated at Level 0, Ewropa Business Centre, Dun Karm Street, Birkirkara, BKR 9034, Malta.
