Knowledgebase: 4. IBAN account
4.04. Benefits of using IBAN accounts

Paysera clients can use the same account number format as at any other bank, and when money are transferred the recipient sees from which specific person or company they have received the money.

Clients may perform and receive standard transfers in EUR currency from any EEA member country and also perform and receive SEPA Instant transfers. Instant transfers (SEPA Instant) are also performed only to EEA countries and only if the recipient’s bank has joined SEPA Instant system.