13 Apr 2022 By PAYCEC
To make SEPA payments, you will need a PayCEC’s SEPA payment gateway and a IBAN (International Bank Account Number) number, which is an internationally agreed system of identifying bank accounts across national borders to facilitate the communication and processing of cross border transactions with a lower chance of transcription errors.
An IBAN consists of up to 34 alphanumeric characters comprising a country code, two check digits, and a number that includes the domestic bank account number, branch identifier, and potential routing information.
Even if you don’t live in the SEPA area countries, you can still open a non-resident virtual bank account with an IBAN in Europe, and be able to make Euro transfers without a fee if it’s an internal bank transfer (same bank), and small fee if it’s a transfer between different SEPA bank accounts.
For payee checkout input:
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