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SEPA in the Real World

Tags » p2p - Person to Person Payments, SEPA » Comments (0)

Dave Bircb blogs about his experience trying to originate a SEPA Credit Transfer (SCT) to from his bank in the UK to a colleague's bank in the Netherlands. "So, in summary, sending 50 euros to Amsterdam in the exciting new world of SEPA took two trips to the bank, cost £15 (ie, a transaction fee of 40%) and took three days. Next time, I'll use PayPal."

Posted: Feb 6, 2008 06:08 AM Pacific | Permalink | |

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