European alternative to Standard bank transfer :
NexEuro, free SEPA Instant.
Simpler than an IBAN: pay with a phone number, instantly.
Why look for an alternative to Standard bank transfer?
The standard SEPA transfer works, but it requires the recipient's IBAN and can take 1 to 2 business days. NexEuro uses SEPA Instant to make the transfer immediate, and replaces the IBAN with a phone number.
Standard bank transfer vs NexEuro
A point-by-point comparison to help you choose.
Updated on
| Criterion | Standard bank transfer | NexEuro |
|---|---|---|
| Timing | 1 to 2 business days. | Under 10 seconds. |
| Identifier | 27-character IBAN. | Phone number. |
| Availability | Banking hours. | 24/7, weekends and public holidays. |
| Fees | Often free, sometimes charged. | Free between users. |
4 reasons to switch
What you concretely gain by moving to NexEuro.
Frequently asked questions
Everything you need to know before switching.
Yes, NexEuro uses SEPA Instant (SCT Inst) under the hood.
Fallback to a standard SEPA transfer, with the usual banking delay.
The SEPA Instant limit has been €100,000 per operation since 2024.
Ready to try the European alternative?
Download NexEuro and send your first instant payment in under 60 seconds.
Download NexEuroGo further with NexEuro
Discover the solutions, countries and use cases that Standard bank transfer doesn't cover — or covers less well — than NexEuro.
See also: acceptance without a terminal · freelance invoicing · e-commerce payments without Stripe · instant payment in France · free SEPA Instant transfer.