How to charge fees for SEPA Instant outgoing transfers?
You can charge fees for SEPA Instant transfers using the transfers feature combined with our powerful financial orchestration capabilities and built-in account issuing LHV and Modulr integrations, or any accounts provider of your choice. With our infrastructure you can leverage a built-in flexible ledger system to accurately record transfer movements and their impact on your account balances.
Our technology
Outgoing transfers
Combined with (select)
Any accounts provider
What you get
Technical Advantages
- Give clients the ability to send and receive money with the payment rails they know and trust
- Reduce transaction costs and settle funds faster by connecting to multiple payment networks with our Fintech infrastructure
- Easily connect to multiple payment rails such as Faster Payments, SEPA, SEPA Instant, ACH, and more through our extensive network of pre-integrated partners
- Unlimited ledger accounts
- Real-time account balances
- Real-time reporting (e.g. statements, payables, receivables, fees, revenue etc.)
- Treasury management tools
- Powerful funds orchestration workflows
- Safeguarding client funds across unlimited number of client accounts
- Plug-in any payment provider
- Plug-in any account provider
- Unlimited bank accounts and house accounts
- Highly secure, agnostic and fully redundant infrastructure platform
- Best-in-class back office portal for your finance and ops teams
- No need to build a complex business logic to manage transfers lifecycle actions such as hold, accept, reject, release and complete outbound transfers
- Access a standardised API layer to connect to any transfer schemes such as SWIFT, SEPA, Faster Payments and more
- No need to build the logic required to charge fees based on different parameters such as scheme type, transactions volume and more
- Utilise pre-built funds sweeping logic required to segregate fees from client money
- Leverage a pre-built, flexible ledger system to accurately record transfer movements and their impact on account balances
- No need to build a ledger system for issuing client and house accounts
- No need to build workflows for complex money movements between issued house and client accounts
- No need to build necessary logic required to manage account lifecycles, track account balances and record transactions
- Just-In-Time (JIT) funding and sweeping configuration toggle/ tool (aka virtualisation)
- Connect any bank account provider to our ledger system via our APIs and / or back office
- Utilise a best-in-class back office portal to easily manage, perform and control incoming, outgoing and FX transactions across multiple client accounts
- Access Integrated Finance's compliance, cards and transfers infrastructure without the need for any additional integrations
- Reduced total cost of ownership across direct, indirect and opportunity development costs
- Reduced risks associated with software security and regulatory compliance
- Faster time to market
- Utilise a variety of webhooks to action multiple workflows to build your Fintech product