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SEPA EUR Payouts

You can now send USDC and have your receiver get EUR across the SEPA zone. USDC moves on Polygon or Ethereum, and EUR lands in the receiver's IBAN within 5 to 30 minutes.

TL;DR

  • Send USDC and pay receivers in EUR across 40 SEPA-zone countries
  • USDC on Polygon or Ethereum
  • Minimum payout: 11 USDC
  • Per-payout maximum: $100,000 when the receiver is an individual, $300,000 when the receiver is a business
  • Settlement in 5 to 30 minutes after we receive your USDC
  • Supports B2B, B2C, C2B, and C2C use cases. 7 countries are C2C-only (see below)
  • Same payout API as every other rail. Create a SEPA bank account, request a quote, execute the payout

How it works

The flow is identical to your existing payouts:

  1. Create a bank account with type: "sepa", the receiver's IBAN, BIC, full name, and address. The country of the IBAN determines which use cases are available (see the C2C-only list below).
  2. Request a quote for the USDC amount you want to send. We return the EUR your receiver will get.
  3. Execute the payout. EUR settles to the receiver's IBAN within 5 to 30 minutes after we receive your USDC.

Rules

  • Minimum: 11 USDC per payout.
  • Per-payout maximum: $100,000 when the receiver is an individual (B2C, C2C) and $300,000 when the receiver is a business (B2B, C2B).
  • No fixed EUR amounts: quotes take a USDC amount and return the EUR your receiver gets.
  • Networks: USDC on Polygon or Ethereum mainnet. Native USDC only.
  • Receiver country: must be one of the 40 SEPA-zone countries listed below.

Supported countries

All 40 countries below support B2B, B2C, C2B, and C2C use cases unless flagged:

Andorra (AD), Albania (AL), Austria (AT)*, Belgium (BE), Bulgaria (BG), Switzerland (CH), Cyprus (CY), Czech Republic (CZ), Germany (DE), Denmark (DK), Estonia (EE)*, Spain (ES), Finland (FI)*, France (FR)*, United Kingdom (GB), Greece (GR), Croatia (HR), Hungary (HU), Ireland (IE), Iceland (IS), Italy (IT), Liechtenstein (LI), Lithuania (LT)*, Luxembourg (LU), Latvia (LV), Monaco (MC), Moldova (MD), Montenegro (ME), North Macedonia (MK), Malta (MT), Netherlands (NL), Norway (NO)*, Poland (PL), Portugal (PT)*, Romania (RO), Sweden (SE), Slovenia (SI), Slovakia (SK), San Marino (SM), Vatican City (VA).

* C2C-only countries: Austria (AT), Estonia (EE), Finland (FI), France (FR), Lithuania (LT), Norway (NO), and Portugal (PT) only accept C2C (individual to individual) payouts. Sending to a business beneficiary in these countries (B2B, C2B) or sending from a business sender (B2C) is not supported.

The use case is derived from the sender (your customer) and the receiver:

  • B2B: business sender to business beneficiary
  • B2C: business sender to individual beneficiary
  • C2B: individual sender to business beneficiary
  • C2C: individual sender to individual beneficiary

Get started

If your account already has KYC approved, SEPA is available immediately, no extra activation. Create a SEPA bank account from the dashboard or the API, and you're ready to send your first payout.