Payments and transfers

SEPA, international and domestic transfersremember

Wherever your money’s going, with İşbank it will get there safely.

Your benefits:

  • transfers (domestic and foreign)

  • SEPA transfers

For corporate clients

Important information about SEPA for corporate clients.

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The world is growing ever closer together. In order to improve international payment systems, governments and banks have introduced standardised regulations. This project is called SEPA, which stands for Single Euro Payments Area, and it aims to harmonise cashless payments in Europe. The standardised processes can be used for euro payments in the 27 EU states, plus Iceland, Liechtenstein, Norway, Switzerland, Monaco, San Marino, Andorra, the Vatican City State and the United Kingdom.


SEPA is an acronym and stands for Single Euro Payments Area. The EU regulation that establishes SEPA step by step is intended to harmonise the different national payment systems and replace them with a standardised process.

With the Single Euro Payments Area (SEPA) there will be no more differences between domestic and foreign payments by credit transfer, direct debit and card payment in the European internal market. National and international bulk payments can also be processed in the same way.

Your payments must be carried out according to SEPA rules as from 1 February 2014.

All bank account holders, whether individuals or companies, are affected by the switch to SEPA.

The SEPA consists of the 27 EU states, the EEA members Iceland, Liechtenstein and Norway, plus Switzerland, Monaco, San Marino, Andorra, the Vatican City State and the United Kingdom.

The IBAN (International Bank Account Number) is the international bank account number that uniquely identifies an account. In Germany, the IBAN is made up of 22 characters. The first four fields indicate the country code (DE for Germany) and the check digit, followed by the previous bank code (eight digits) and account number (ten digits). If the account number has fewer than ten digits, zeros are added to the front.

The BIC (Business Identifier Code) is an internationally standardized bank code (comparable to the bank code in Germany), with which payment service providers can be uniquely identified worldwide. Isbank AG's BIC is ISBKDEFX XXX. XXX represents the so-called BIC number. The respective BIC of the branch to which you belong can be found on your account statement or requested from the branch concerned.

No. SEPA payments can only be processed in euros. Payments in other European currencies can only be made by means of an international credit transfer as before.

All the information that you need to master the switch to SEPA for your company and what you need to remember can be found in our SEPA-PDF.

You can also find more information on our website

SEPA transfersInternational transfers
Currencyeuroall currencies
Transfer limitnonenone
ScopeEU (SEPA area), European economic area (EEA), Switzerlandworldwide
FeesDetails can be found in the list of services and prices.more information can be found in our list of fees/services