Does the beneficiary need a euro account?

Yes. The payout is in euros to an IBAN in one of the 34 SEPA countries. A beneficiary in Denmark, Poland or Sweden without a euro account would receive the payment converted by their own bank.

What is the maximum for a EUR payout to the 34 SEPA countries?

SEPA Instant EUR 100,000 per payment; SEPA Standard varies by bank, set by the receiving market.

Payouts to the 34 SEPA countries

Pay euros across SEPA from USDT or USDC

XEROF pays EUR over SEPA to a bank account in any of 34 countries from a USDT or USDC balance, business to business, business to consumer and consumer to business: SEPA Instant up to EUR 100,000 per payment, SEPA Standard above that, subject to the receiving bank's limits. Payout is in euros, including to countries outside the euro area.

How a payout to the 34 SEPA countries works

Countries covered: Andorra, Austria, Belgium, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Holy See (Vatican), Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Slovakia, Slovenia, Spain, Sweden and Switzerland.

Payout currency: EUR
Paid to: Bank account in the 34 SEPA countries
Payment types: B2B (business to business), B2C (business to consumer), C2B (consumer to business)
Maximum per payment: SEPA Instant EUR 100,000 per payment; SEPA Standard varies by bank
Rails: SEPA Instant and SEPA Standard in EUR
Pricing: Standard fee schedule; live rate from tier 1 liquidity

Who pays euros this way

A company settling supplier invoices across the euro area from one stablecoin treasury.
A business paying contractors in several SEPA countries, including Poland, Sweden and Norway, in euros from one balance.
A private client paying a European business against an invoice.

Paying the 34 SEPA countries from Zug: timing and practicalities

SEPA Instant is available around the clock in the countries whose banks have adopted it, so a euro payment up to EUR 100,000 confirmed at any hour is usually credited within seconds; SEPA Standard payments settle the next banking day under the TARGET calendar, which closes on Good Friday, Easter Monday, 1 May, 25 and 26 December and New Year's Day.

Beneficiaries anywhere in the 34 countries are addressed by IBAN, with BIC only where the receiving bank still asks for it. Contractors in Poland, Sweden or Norway are paid in euros to a euro account; their own bank converts if the account is in local currency.

What XEROF needs before the first payment

Beneficiary name and IBAN, with BIC where the receiving bank asks for it.
The invoice or contract the payment settles.

A worked example in EUR

You send: USDC 100,000 on ERC-20
XEROF converts: USD 100,000 at the live rate
Beneficiary receives: EUR by SEPA Instant, in payments of up to EUR 100,000 each, or SEPA Standard
Fees on this example: 1.00% brokerage at the entry tier (USD 1,000), 0.25% third-party payment (USD 250)

Fees follow the published tiers on the pricing page: Brokerage fee on the conversion by monthly volume: 1.00% up to USD 250,000, 0.85% to 1,000,000, 0.65% to 2,000,000, above that on request. Third-party payment: an additional 0.25% where fiat is paid to a beneficiary other than you.

Common questions

Does the beneficiary need a euro account?: Yes. The payout is in euros to an IBAN in one of the 34 SEPA countries. A beneficiary in Denmark, Poland or Sweden without a euro account would receive the payment converted by their own bank.
What is the maximum for a EUR payout to the 34 SEPA countries?: SEPA Instant EUR 100,000 per payment; SEPA Standard varies by bank, set by the receiving market.

the 34 SEPA countries: limits set by the receiving market, availability subject to screening and partner requirements, indicative and not an offer. See the coverage table.

Nearby corridors

Open a XEROF account to pay euros in the 34 SEPA countries.

Talk to our team Open account