Transfering money to a bank account
Customers can transfer money from their account to a bank account at any time. To do this, you need to know the IBAN of the recipient account, or have previously registered it in-app. Initiating a ba…
What is the Lydia IBAN?
The customer must be of legal age and have completed identity verification (KYC) in order to activate one or more IBANs in the application. The IBANs issued by Sumeria are French and consist of the F…
Instant transfers to your bank account
Transfers sent from the application are, in principle, instant and free for all customers whose account is verified (KYC completed). Conditions to send an instant transfer. Customers don't need to fo…
Receiving paychecks on Sumeria
Customers can directly receive their paychecks on a Lydia account, they just need to forward their IBAN to their employer. Benefits. no need to remember to top-up ;. no more reaching their bank card'…
How long does a transfer to a IBAN take?
Transfers sent from the application are instant and free for all clients. If instant reception is not possible, it will be done in the standard way. In this case, the maximum legal processing time fo…
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…
Address of the Lydia Solutions IBAN issuing bank
Some banks will requests the address of the bank corresponding to the Lydia Solutions IBAN. This information is available in the application by downloading a RIB. To do this, click on one of the acco…
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. In the SEPA area, the IB…
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. Incoming transfers are entirely free for customers. If the issuing bank's currency is the Euro (€) and part of the SEPA zone, no fees will be charged for an incoming tran…
Delete an external IBAN in Sumeria
To delete an IBAN added to their account, the customer must go to the list of their saved beneficiaries, select the relevant IBAN, and delete it. Deleting an IBAN permanently removes this beneficiary…
Make a bank transfer and manage beneficiaries
The customer can transfer money from their account to a bank account at any time. To do so, they need to know the IBAN of the recipient's account or have it registered in the app beforehand. Initiati…
About wire transfers
Bank Transfers allow the customer to send money directly from one account to another. Wire transfer: processing time. Payment institutions and electronic money institutions issue 2 types of transfers…
IBAN ownership certificate
The IBAN ownership certificate is a document that certifies that the customer is the legal holder of the mentioned IBAN, which can be requested for: Justification of the possession of their IBAN with…
Verification of the beneficiary of a bank transfer
Beneficiary verification is a security measure implemented by Sumeria that allows customers to be sure that a transfer is sent to the correct beneficiary. This verification relies on a matching servi…