- Transfer money online quickly and conveniently from any location in the world
- Apply for a service plan to transfer money in euros to accounts with the SEB free of charge
You can transfer money to another account opened with SEB by logging in to your internet bank, using the mobile app or by visiting a branch.
You can transfer funds to your or other persons’ bank account with SEB both in euros and in foreign currencies. The same rates and terms apply to transfers in euros and in foreign currencies.
Money is credited to the beneficiary's account on the same day in seconds. Payment orders received after 11 pm, usually are executed immediately, however in account statement such payments may be shown with the next day’s execution date.
What should you specify to the remitter for money to be credited to your account?
If you are expecting money transfer to your account with the SEB, you should specify to the remitter following details:
- The correct number of your account with the SEB in the IBAN format (the funds are credited to the account based on the number)
- Your first name and surname
How to transfer funds?
There are several ways you can transfer money to your or to any other account in Estonia, European Union, European Economic Area countries and the United Kingdom: online, via mobile app or by visiting our branch:
- Log in to the internet bank, select “Transactions” → “New payment”, complete the required fields of the electronic payment order and confirm the transaction
- Open SEB mobile app
- Visit a SEB branch of your choice and bring your personal identity document. Remember to book the meeting first
| Outgoing payments | Electronic services (incl. standing payment order, banklink payment | At a bank office |
|---|---|---|
| 1. Internal payment (1) | ||
| in euros (9) | EUR 0.25 | EUR 5 |
| in foreign currency | EUR 2 | EUR 5 |
| intra-account conversion | free of charge | free of charge |
| 2. European payment (1,2) | ||
| European ordinary payment (incl. European instant payment (3)) (9) | EUR 0.25 | EUR 5 |
| European express payment (4) | EUR 30 | EUR 35 |
| 3. Cross border payment | ||
| ordinary payment | ||
| - with shared charges | EUR 6 | EUR 25 |
| - without charges to beneficiary (5) | EUR 26 | EUR 45 |
| urgent payment | ||
| - with shared charges | EUR 14 | EUR 35 |
| - without charges to beneficiary (5) | EUR 34 | EUR 55 |
| express payment in euros | ||
| - with shared charges | EUR 30 | EUR 35 |
| - without charges to beneficiary (5) | EUR 50 | EUR 55 |
| express payment in foreign currency (6) | ||
| - with shared charges | EUR 39 | EUR 60 |
| - without charges to beneficiary (5) | EUR 59 | EUR 80 |
| additional fee for payment to high sanction risk country (8) | EUR 100 | EUR 100 |
| 4. Transfer order for debiting in consolidated amount (7) | EUR 0.16 | - |
| the internal payment on the transfer order | EUR 0.25 | - |
| the ordinary European payment on the transfer order (incl. European instant payment) (2, 3) | EUR 0.25 | - |
| 5. Exchange rates used for executing a payment transaction | ||
| an amount corresponding to 10 000 euros or equivalent in other currency | transfer purchase or sale rate of the respective currency valid at the bank at the moment of debiting | transfer purchase or sale rate of the respective currency valid at the bank at the moment of debiting |
| an amount starting from 10 000 euros or equivalent in other currency | Market rate determined by the bank, if the payment is made on a settlement day from 9.00 to 17.00. For payments made outside the specified time limit, the transfer purchase or sale rate of the respective currency valid at the bank at the moment of debiting shall be used. | Market rate determined by the bank, if the payment is made on a settlement day from 9.00 to 17.00. For payments made outside the specified time limit, the transfer purchase or sale rate of the respective currency valid at the bank at the moment of debiting shall be used. |
(1) Upon compulsory collection (attachment order of a bailiff, tax administrator, other entitled persons) the fee for a payment made at a branch office shall apply.
(2) Payments in euros, shared charges, beneficiary’s account number must be indicated with IBAN. The beneficiary’s bank is in a member state of the European Union, Iceland, Liechtenstein, Norway, Switzerland, Andorra, San Marino, United Kingdom, Monaco or Vatican City.
(3) European instant payments can be made only in electronic channels.
(4) Payment originated in euros only to a member state of the Eurozone (Austria, Belgium, Estonia, Spain, Netherlands, Ireland, Italy, Greece, Cyprus, Lithuania, Luxembourg, Latvia, Malta, Portugal, France, Germany, Slovak Republic, Slovenia, Finland), if the bank has accepted the payment before 17.00. The beneficiary's bank must have a correct BIC and account number must be indicated with IBAN.
(5) Can be made only to a beneficiary’s bank outside the EEA contracting country. If the actual costs of other payment service providers, participating in processing a cross border payment, exceed EUR 20, the bank may later debit in addition the difference of the commission fees from the client’s account, however not more than within an amount, corresponding to EUR 75. The bank ensures transfer of the cross border payment in full amount from the bank’s correspondent account, however shall not guarantee that the payment is received in the beneficiary’s account in full amount.
(6) Upon agreement with the Markets department.
(7) A transfer order for debiting a consolidated amount can be forwarded via SEB Baltic Gateway and SEB internet bank for business.
(8) High sanction risk payment fee is applied for executing transfer order to countries which under the assessment of the bank are considered to be of higher sanction risk. Full list of high sanction risk countries is available on our homepage. Fee shall be charged additionally to other fees for the payment services as described in the price list. Fee is applicable to business clients only.
(9) The service fees for Salary payment product are applied to each individual payment separately.
The service fee for a cross-border payment has up to three different components depending on the type of payment:
1. the SEB Estonia services fee
2. the services fees of foreign banks
3. the services fees for handling a payment order as an urgent payment
| Receivables | |
|---|---|
| 1. Internal | free of charge |
| 2. European payment (1) | free of charge |
| 3. Cross border payment International (2) | EUR 5.75 |
| from the Baltic banks of the SEB Group | free of charge |
| - additional fee for payment from high sanction risk country (3) | EUR 100 |
(1) Cross-border receivable in euros with shared charges. Beneficiary's account number must be indicated with a proper IBAN and remitter's bank has to be an European bank.
(2) An incoming payment is free of charge if the transfer order has been marked by remitter’s bank as “without charges to beneficiary“. Except for business customers when payment is from high sanction risk country (more information in (3)).
(3) High sanction risk payment fee is applied for transfer orders from countries which under the assessment of the bank are considered to be of higher sanction risk. Full list of high sanction risk countries is available on our homepage. Fee shall be charged additionally to other fees for the payment services as described in the price list. Fee is applicable to business clients only.
