SEPA Instant allows you to send and receive payments instantly
SEPA stands for the Single Euro Payment Area (SEPA). SEPA is made up of 36 countries that can send and receive payments using the euro currency.In order for SEPA Instant payments to work, both the sender and the receiving bank need to have it enabled. There is a limit of €100,000 per SEPA Instant payment.If either the sender or the receiver does not have SEPA Instant enabled, the payment is sent as a normal SEPA bank transfer.
Narvi’s Smart Routing Technology is used for all SEPA payments
When one of our customers initiates a payment using our dashboard or API, our system automatically checks if the receiving bank can receive SEPA instant payments.
If the bank supports SEPA Instant
Then we send the payment to the receiving bank within seconds.
If the bank doesn’t support SEPA Instant
Then we send a payment via SEPA Credit transfers. These transfers can take up to 24 hours to be delivered.
Key features
Send SEPA InstantThe system works 24/7
Smart Routing TechnologyIf a SEPA Instant payment is not possible, we will send it as a normal bank transfer
TraceableAll incoming and outgoing payments are listed under your unique IBAN and company name and can be traced upon request.These are the countries where you can currently send and receive SEPA Instant
- Andorra
- Austria
- Belgium
- Bulgaria
- Croatia
- Cyprus
- Czech Republic
- Denmark
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Iceland
- Ireland
- Italy
- Latvia
- Liechtenstein
- Lithuania
- Luxembourg
- Malta
- Monaco
- Netherlands
- Norway
- Poland
- Portugal
- Romania
- San Marino
- Slovakia
- Slovenia
- Spain
- Sweden
- Switzerland
- United Kingdom
- Vatican City State
)
Frequently Asked Questions
The Narvi platform provides SEPA Instant payments 24/7 using Smart Routing Technology. This allows you to make SEPA Transfers and receive euro payments from all countries in the SEPA Zone.
We don’t impose any daily limits on transactions or amounts. You’re free to transact as much as you need.
Having a SEPA-connected IBAN would be a convenient way to send and receive SEPA transfers. Find out how a SEPA euro IBAN provided by Narvi works.
Over 36 countries and over 5,000 banks currently use the Single Euro Payment Area (SEPA) system. Many of these banks have old technology or are still not connected to the SEPA Instant system.
When we send a SEPA Instant payment it takes around 10-30 seconds. Sometimes when the payment arrives at the receiving bank, they have internal processes to stop and review transactions before crediting the balance to their customers. This can take anywhere from several hours up to a full day.
Narvi supports both SEPA Instant and regular SEPA transfers. When a customer initiates a payment through our dashboard or API, our system automatically checks whether the receiving bank supports SEPA Instant payments.
- If the bank supports SEPA Instant, the payment is sent to the receiving bank within seconds.
- If the bank does not support SEPA Instant, the payment is sent via SEPA Credit transfer, which may take up to 24 hours to be delivered.
Head to our blog covering euro SEPA payments and countries where it's possible to use them.
No. Currently, we charge the same fee whether the transaction is instant or credit. Check Narvi's Pricing table for details.
It is possible to open an account with Narvi and get a SEPA IBAN account even if your company is registered outside of Europe. You can reach out to contact@narvi.com to see if we are able to onboard your company. It should be noted that opening accounts from outside of Europe may require additional time to verify your documents.
The SEPA Instant system has an upper limit of €100,000 per transaction. If you send a payment larger than this amount it will automatically be sent as a SEPA Credit transfer which can take up to a day to reach the receiver's bank account. SEPA Credit transfers have no maximum limits.
Narvi provides you with your own unique IBAN (International Bank Account Number). This means that all payments are sent and received under your company name. When you make payments, your company’s name and IBAN will appear on the recipient’s bank statement.
Sign-up up now for your Business account and get access to SEPA instant payments.
What We Offer
Narvi Payments Oy Ab is an Authorized Electronic Money Institution (EMI). Narvi’s EMI license is granted by the Finnish Financial Supervisory Authority (FIN FSA) with the registration number 3190214-6. Narvi’s license is Passportised to all European Union countries.
Built and regulated in Finland© 2025 Narvi. All Rights Reserved.
v1.147.0