• What is SEPA?


  • European transfers


SEPA, the single euro payments area

SEPA (Single Euro Payments Area) aims to ensure that all payments in Europe are made in the same way. SEPA covers all member states of the European Union, Norway, Iceland, Liechtenstein and Switzerland. Thanks to SEPA, you can use your bank card all over Europe in the same way as in Belgium. All transfers and direct debits are also harmonised in Europe thanks to IBAN and BIC.


IBAN is a standardised way of writing bank account numbers all over Europe. An IBAN consists of an account number, a country code and a numeric verification key.


BIC (Bank Identifier Code) is a unique code used to identify international banks. When you make an international transfer within or outside Europe, you need to provide the BIC of the beneficiary's bank.

  • ING Belgium's BIC is BBRUBEBB.
  • You can find the BIC of other international banks on the Swift website.

A new European transfer form

Because of SEPA, a new European transfer form is used. At the end of 2010 it will replace the national transfer forms for good. You can easily manage your own national and international transfers with this European form in Home'Bank: go to Services > Payments and transfers > Domestic Transfers > Add a transfer (European form).

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