Jump to content

Recommended Posts

Posted

Does anyone know what this means?

 

Would my Royal Bank of Scotland be OK for this purpose, to get money sent to it. My Thai banks are no use. 

 

 

Posted

Google says:

 

What is SEPA Payment Method?

SEPA payments are cashless payments in euro currency that are processed via the Single Euro Payments Area network to facilitate cross-border bank transfers in 36 Eurozone and non-euro area countries. The SEPA payment method makes cross-border transfers fast and cost-effective.

  • Like 1
Posted

You need to ask your bank first but I think it should be OK as many UK financial institutions still support SEPA transfers even after the Brexit.

Posted
32 minutes ago, gamb00ler said:

Google says:

 

What is SEPA Payment Method?

SEPA payments are cashless payments in euro currency that are processed via the Single Euro Payments Area network to facilitate cross-border bank transfers in 36 Eurozone and non-euro area countries. The SEPA payment method makes cross-border transfers fast and cost-effective.

I see that, thanks. So it looks like the RBS accept SEPA but wondering about the EURO account. 

Posted

I am just a user and no banker, I had the following experience:

Many banks in Europe transfer money with SEPA, a few use SWIFT.

Having a EUR account in Europe means most of the time EUR can be easily and cheap transferred, i.e. via filling out an online form, with SEPA.

If the receiving bank uses SWIFT instead of SEPA it's more complicated and more expensive.

Posted
13 minutes ago, treetops said:

Is your RBS account a Euro account?  If so, then yes it's SEPA approved.

 

https://www.rbs.co.uk/business/support-centre/making-and-accepting-payments/electronic-payments/sepa-direct-debit.html

I'd better contact my bank. 

 

Thanks.

 

Do you think I'd be better just getting paid into WISE, or equivalent? I am going to be transferring to my Thai banks at some point. 

Posted
11 hours ago, Neeranam said:

I'd better contact my bank. 

 

Thanks.

 

Do you think I'd be better just getting paid into WISE, or equivalent? I am going to be transferring to my Thai banks at some point. 

Where did the requirement per the thread title come from?

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.


  • Topics

  • Latest posts...

    1. 1

      Europe Braces for Escalation: Germany Mobilizes NATO Troops Amid Putin's Nuclear Threats

    2. 227

      Why I left Thailand

    3. 2

      Ellen DeGeneres Relocates to the U.K. After Trump’s Election Win

    4. 2

      Ellen DeGeneres Relocates to the U.K. After Trump’s Election Win

    5. 8

      Putin has vanished

    6. 2

      Ellen DeGeneres Relocates to the U.K. After Trump’s Election Win

    7. 1

      Europe Braces for Escalation: Germany Mobilizes NATO Troops Amid Putin's Nuclear Threats

    8. 0

      Shocking Online Threats: Trans Woman Targets JK Rowling and Nancy Mace in Call to Violence

  • Popular in The Pub


×
×
  • Create New...