SEPA (Single Euro Payments Area) transfer was designed to make electronic payments and transfers easier within the SEPA area. The aim is to improve the efficiency of cross-border payments and to enable customers to make cashless euro payments to any account located anywhere in the area, using a single bank account and a single set of payment instruments.
SEPA transfer fees, using your sync account:
< €500 = free
€500 - €1000 = €0.49
> €1000 = €0.99
The cut-off time for SEPA transfers is 2pm UK time. Transfer requests received after 2pm will be processed the next working day.