SEPA background

One single European payments market

Since 1 August 2014 we have switched to SEPA and IBAN. As a result we now have a single European payments market with standardized payment products. No longer there are separate rules for each country; instead the same standards apply to all countries. This makes payment transactions in the SEPA countries a lot easier.

SEPA (Single Euro Payments Area) is a result of European legislation. Since 1 August 2014, all companies must have completed the switch to SEPA.

What is SEPA?

The advantages

What is IBAN?

International Bank Account Numbers (IBANs) are the international bank account numbers assigned to you and your customers. You must use IBAN for every payment transaction. You can find your IBAN on your account statement and via Internet Banking.

Participating banks

SEPA transfers can be made to the following participating banks (PDF's in Dutch). This list also provides the BIC code of all banks that are ready for SEPA transactions.