Written by Modulr | Jul 24, 2025 11:00:00 PM
The Single Euro Payments Area (SEPA) is a European Union initiative to simplify euro payments across member states. It enables businesses and consumers to make cashless euro payments to any account within the SEPA zone. Modulr helps customers sending and receiving up to 100,000 Euros across the 36 countries in the SEPA zone, through access to the Single Euro Payments Area (SEPA) on both SEPA Instant and SEPA Credit Transfer. This access is 24/7/365 and payments can complete in under 10 seconds. With local IBANs in The Netherlands, Ireland, Spain and France, Modulr customers experience higher rates of payment acceptance, so they can move their money reliably.