Transfers at MeDirect:
fast, flexible, international
Sending or receiving money? MeDirect makes every transfer easy and reliable, 24 hours a day, 7 days a week.
Three types of transfers, depending on your needs
A debit card you can count on
European transfers (SEPA)
The Single Euro Payments Area (SEPA) enables you to transfer euros between the member states of the SEPA zone easily, quickly and securely.
A SEPA transfer allows you to send or receive payments in euros between two bank accounts located in the SEPA zone, using IBAN account details. It is the standard way to transfer euros in Europe.
SEPA stands for ‘Single Euro Payments Area’. This system harmonises payments in euros across 36 countries, including all the members of the European Union1 and some non-EU countries2.
A SEPA transfer is a transfer in euros between two bank accounts identified by their IBAN number. In some cases, the BIC (Bank Identifier Code) may also be required to identify the beneficiary’s bank. SEPA transfers are generally processed within one working day (but, this can take up to 3 days).
SEPA transfers can only be used for payments in euros. For other currencies, other types of international transfers are required.
Paying an invoice?
Remember to include a structured communication when making the transfer.
SEPA instant transfers
- SEPA instant transfer is a faster version of the SEPA transfer.
- With your MeDirect account, you can send and receive money in euros inside the SEPA zone in 10 seconds – 24 hours a day, 7 days a week – at no extra cost, even on weekends and public holidays.
- The amount is immediately available in the beneficiary's account.
Easily personalise your preferences in the MeDirect app:
- Choose to set all your transfers to instant by default.
- Set a specific limit per day or per transaction for your instant transfers.
- Once you have approved the transaction, we transfer the money immediately.
International transfers
Simplify your transactions in foreign currencies with MeDirect.
No borders, no hassle.
- Benefit from low foreign currency exchange fees.
- Simplify your international transfers by opening an account in one of the 5 currencies we offer: EUR, GBP, USD, NOK or CHF.
- Make international transfers as simple as domestic ones.
- Fees apply to international transfers.
To learn more about our current exchange fees and our international transfer fees, please refer to our Tariffs & Charges.
Scheduled transfers
Plan your payments in advance by creating a scheduled transfer. We’ll handle the payment automatically – exactly when you want.
Log in to your app or banking platform and go to the ‘Transfer money’ section to set a scheduled transfer.
Standing order
Same transfer every month? Turn your gym or streaming platform subscription into a standing order. You choose the frequency, payment date and end date. Your payments, your choice.
Log in to your app or banking platform and go to the ‘Transfer money’ tab to set up a standing order.
Direct debit
Authorize your electricity, gas or water supplier to automatically debit your MeDirect current account. So practical!
Maximum security,
zero compromise
At MeDirect, we do everything we can to protect your transfers.
1All 27 member states of the European Union (EU): Belgium, Bulgaria, Cyprus, Denmark, Germany, Estonia, Finland, France, Greece, Hungary, Ireland, Italy, Croatia, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Spain, the Czech Republic and Sweden.
2 Included countries that are not members of the EU: Andorra, Iceland, Liechtenstein, Monaco, Norway, San Marino, United Kingdom (England, Scotland, Wales, Northern Ireland, including Guernsey, Isle of Man, and Jersey), Vatican City and Switzerland.