Transfer Internationally

Send and receive across Europe

With SEPA transfers, moving euro in and out of your Mallow Credit Union account is simple and cost-effective. Using just an IBAN and BIC, you can send and receive payments across 41 countries — all 27 EU states and beyond — with confidence.

SEPA Electronic Transfers

Thanks to SEPA (Single European Payments Area), it’s easier than ever to electronically receive & transfer funds in and out of your credit union account. SEPA was set up to standardise the way all electronic payments are processed in the Euro area, using your account’s IBAN and the BIC of your financial institution. Payments through SEPA are an easy, cost effective way to bank internationally so ask for SEPA!

As of 2025, there are a total of 41 countries in the SEPA scheme including all 27 EU member states – Austria, Belgium, Bulgaria, Croatia, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden. The scheme also includes three EEA countries – Iceland, Norway, and Liechtenstein, and 11 non-EEA countries – Albania, Andorra, Moldova, Monaco, Montenegro, North Macedonia, San Marino, Serbia, Switzerland, the United Kingdom, and Vatican City State.

To make a SEPA payment you need:

The IBAN of the person you want to pay
The bank to which you are sending the payment to be a member of the SEPA scheme
The payment to be in Euro

Remember

Ask your bank to confirm you’re SEPA Credit Transfer supported and transfer with confidence. Mallow Credit Union is NOT able to accept SWIFT payments. You may incur charges if you attempt to send money to your account in Mallow Credit Union via SWIFT