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> Paying to other European countries isn't great via the banks How so? With SEPA[1] it's both easy (European wide bank account number) and free (might not be t
by ama729 12y ago
> Paying to other European countries isn't great via the banks
How so? With SEPA[1] it's both easy (European wide bank account number) and free (might not be the case if both accounts use different currencies though, but in euros it's free).
[1] https://en.wikipedia.org/wiki/Single_Euro_Payments_Area https://en.wikipedia.org/wiki/Single_Euro_Payments_Area
- mcintyre1994 12y agoThat was definitely an oversight on my part, sorry. I'm in the UK and while we have free payments to UK banks we don't to Europe. My bank charges £22 and takes 2-4 days to make a payment in Euros to Europe, from GBP. We do have EBANs though. Paypal was much better but SEPA sounds like a much better approach. That just makes me wonder more why they went for Europe first, it seems to be impossible to monetise pretty much anything except cross currency.