Transfering money to a bank account
Customers can transfer money from their account to a bank account at any time. To do so, they must know the IBAN of the recipient account, or have previously registered it in the application in advan…
What is the Lydia IBAN?
Sumeria provides customers over the age of 18, with a verified identity , several free French IBANs to receive bank transfers. These IBANs consist of the country code (FR), the control key (2 digits)…
Instant transfers to your bank account
Transfers sent from the application are instant and free for all customers. Conditions to send an instant transfer. Customers don't need to follow a specific path in-app, nor to select an option to e…
How long does a transfer to a IBAN take?
Lydia has chosen instant payment as its standard for bank transfers: whenever possible, Lydia receives your transfer via instant payment technology. If instant reception is not possible, it will be d…
Adding an IBAN
Customers can register an IBAN from the “Beneficiaries” screen of their application, or enter the IBAN directly when sending money to a recipient. Some IBANs are not compatible, find out more. To add…
Starting a bank transfer from a computer
By accessing their account from a computer, the customer can track the evolution of expenses and account balances. They can also perform quick actions, download a bank statement, block a card, or ini…
Why was my Lydia IBAN rejected?
Some banking institutions may not recognise the Lydia IBAN, the BIC or our banking partners. This occurs when they don’t update their SEPA database and don’t get the latest information on new banking…
What is the address of the Lydia IBAN issuing bank?
Some banks will ask for the address of the Lydia IBAN issuing bank. You can find that information in "Account" tab, then "IBAN" menu. Just display the Lydia IBAN in PDF format. The address is the fol…
What are IBANs and BICs?
IBAN. IBAN (International Bank Account Number) is an international bank account numbering system. It enables customers to carry out banking transactions between two accounts. BIC. The BIC (Bank Ident…
Compatible bank accounts and IBAN
From their application, customers can easily add an IBAN and transfer money to this IBAN. Customer whose identity is not verified. Customers who haven't verified their identity yet can add and transf…
How much do bank transfers cost?
Incoming transfer on a IBAN Lydia. Incoming transfers are entirely free for Lydia IBAN holders. If the issuing bank's currency is the Euro and part of the Single Euro Payments Area (SEPA), you will n…
Delete an IBAN in Lydia
To manually delete an IBAN added to their Lydia account, the user must go to the " Accounts " tab of the application, then : Click on the three small dots at the top right of the screen;. Select " Be…
About wire transfers
Wire transfer: processing time. Banks issue two types of transfers: Instants : sent to recipient account in 30 seconds;. Classic : sent to the recipient account within 2 to 3 bank working days (exclu…