European Credit Transfer (SEPA)
Pay your beneficiary on the same day.
Innovation at ING. If you enter your payment before 2.30 p.m., funds will be credited to your beneficiary's account on the same bank working day.
Fast, efficient payments!
ING credits your beneficiary's account on the same day, provided you enter your payment before 2.30 p.m. on a bank working day.
Plan your payments
Enter a future execution date for your payments, so you don't forget them.
Pay your recurring bills automatically!
Need to pay the same amount on a regular basis? With a standing order, you choose when and how often to pay. The rest occurs automatically.
A European credit transfer (SEPA) lets you make payments in the same way, anywhere in the Single European Payment Area (SEPA).
The IBAN (International Bank Account Number) and BIC (Bank Identifier Code) codes identify the bank:
The IBAN is a standardised method for recording bank account numbers. It has a fixed length in each country. It consists of a two-letter country code, a two-figure control digit and a national account number. Note: Some IBANs can also contain letters (in addition to those of the country code).
For an electronic SEPA payment, enter the correct account numbers (IBAN) of the applicant and the beneficiary.
ING Belgium's BIC is BBRUBEBB.
The BIC (Bank Identifier Code) is the code that enables the unique identification of every bank in the world. It is not mandatory to enter the BIC of the beneficiary's bank when making a SEPA transfer.
Do you want the transfer to be executed at a later date? Enter an execution date in the future. If you do not enter a date, your payment will be executed immediately.
Do you have an urgent payment to make from your account to another account also held in one of the member states of the European Union (including Norway, Iceland, Switzerland, Monaco, San Marino or Liechtenstein)?
ING executes all European credit transfers (SEPA) as “urgent” without extra charge. Provided you enter the payment before 2.30 p.m. on a working day, the funds will be credited to your beneficiary's account on the same day.
All other charges can be found in the Charges applied to the main banking operations of private individuals (PDF).
Manage your automatic payments in euros yourself easily using your computer or a Self'Bank terminal. Transfer from your account to another account also held in one of the member states of the European Union (or Norway, Iceland, Switzerland, Monaco, San Marino or Liechtenstein). It's free!
There are two types:
Pay your recurring bills automatically, even if the amount changes each time! You can be confident that you will always pay on time, and late payment charges will be a thing of the past!
In concrete terms, a direct debit gives the supplier the authorisation to settle their bill directly with your bank. This is called a mandate.
Thanks to SEPA (the Single Euro Payments Area), direct debits in Europe have been standardised using the IBAN and BIC codes.
Ideal for recurring denominated payments of a set amount*, for example your rent or your monthly savings, thus saving you time.
In concrete terms, a standing order entails asking your bank to transfer an amount to a different account on a regular basis on a certain date.
*Note that the amount can vary: it therefore depends on the balance of the current account at the moment the standing order is executed. This is only possible if executed exclusively to an ING account in Belgium.
No more paperwork. You will no longer receive paper documents.
Speed: Pay your bills with just a few clicks when you use a prefilled transfer.