Incoming transfer on a IBAN
Incoming transfers are entirely free for customers.
If the issuing bank's currency is the Euro and part of the Single Euro Payments Area (SEPA), you will not be charged when you receive a transfer on one of your accounts.
If a banking institution sends over a transfer to your IBAN in a different currency without conversion, the transfer will not be processed and will be returned to the issuing banking institution.
Outgoing transfer from a Lydia account
Transfers issued from a Sumeria account via an IBAN are entirely free and instantaneous to all customers who are verified.
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