SEPA Instant
A SEPA Instant account with Dauphin enables you to make real-time transfers. Your money is guaranteed to reach the recipient’s account immediately.
• Execution time up to 10 seconds
• 24/7/365 availability
• Supported across 36 countries in Europe and the UK
• Added security of transactions
• No hidden fees
SEPA Transfers
SEPA enables you to make cross-border payments within Europe as convenient as domestic transfers. 36 countries in the EU, EEA, and EFTA, including the UK, are currently members of the SEPA project.
• Lower transaction costs
• Execution time in 3 – 24 hours
• No hidden fees
• Security and accuracy of transactions
SWIFT Transfers
The SWIFT network connects over 11,000 financial organisations around the world and handles on average over 28 million international transfers daily.
• 38 supported currencies
• Available in over 100 countries
• Transparent transaction route
• Traceable payment information
Mass payments
Optimize the payment process and avoid manual periodic payment initiation.
• Pay multiple recipients at once
• Up to 5000 recipients per transaction
• Available for personal and business account holders
Debit Mastercard cards
Meet the card you’ll love even more.
Link it to several accounts in different currencies
Pay in the currency of the transaction
Avoid currency exchange fees
Direct access to your funds 24/7
What is the difference?
• Over 200 countries
• Fees: from € 10 to € 30
• 38 currencies
• Speed: 2-5 business days
• SEPA area
• Fees: from € 0 / 0,2%
• EUR
• Speed: up to 10 seconds
• SEPA area
• Fees: from € 0 to € 5
• EUR
• Speed: < 1 business day
SEPA Direct Debit
With SEPA Direct Debit funds are automatically pulled
from your account each time a recurring payment is due.
Automated recurring payments
Payment initiation tasks eliminated
Ability to debit both fixed and variable amounts
Completely
secure
Streamline EU-China transactions
Transact in Chinese Yuan and Hong Kong Dollar and get direct access to the Chinese and European markets.
FAQ
Single Euro Payments Area is a payment integration initiative of European countries, which allows users to make simplified transfers in euro, both in terms of speed and cost-efficiency.
Many businesses fully rely on SEPA within Europe, as the system helps them satisfy their main needs: purchasing raw materials, buying and selling ready products, sending salaries to their employees, clearing money obligations with their partners, and the list goes on.
If the sender or recipient’s account is in a different currency, currency exchange will be required.
To send a SEPA transfer, you need to log in to your account with your provider and initiate a transfer as you normally would. You will then need to add a recipient along with the required details and the IBAN of the recipient’s account. That’s it, your SEPA transfer is good to go.
SEPA Instant Credit Transfer is a scheme that enables faster and more secure payments within the SEPA area. The transactions are processed in just a few seconds, which is drastically faster than traditional payments.
SWIFT is another cross-border wire transfer network, which currently connects over 10,000 banking institutions in 210 countries. Not all financial institutions are connected to SWIFT without third parties, but instead use correspondent banks that act on their behalf, following mutual agreements. Thus, one simple transaction may sometimes be subject to fees from a couple of different institutions. SWIFT transactions are executed in 38+ currencies, but the fees are higher compared to SEPA transfers. Besides, while SEPA transfers are usually executed on the same day, SWIFT transactions may take up to a few working days.
To make a SWIFT transfer, you need to initiate the transaction, enter your recipient’s information (name, address, bank name and address, recipient’s bank account number, and their bank’s SWIFT/BIC code) and the transfer amount, and finalize the process by confirming your payment.
Get in touch with DAUPHIN PAY
Submit your request and our specialists will get back to you shortly with the most suitable solution