Is the new SEPA payments system better for me?

The advantage is the same conditions apply for EUR transfers to all SEPA member states as transfer within the Slovak Republic.

If, for example, you send a EUR transfer to any SEPA member country:

• the recipient will receive it on the same day as if you had sent it within the Slovak Republic,
• you will pay the same fee as if you had sent it within the Slovak Republic,
• the recipient will receive the whole transfer, his bank will not deduct anything from his account.