Bank that does not charge (much) for SEPA transactions

[Triple7]

Does anyone have suggestions for a bank* that doesn't charge much for SEPA transactions and that is kind of friendly for gambling-related companies?

I got a company within the EU and I am looking for a bank within the EU. Now I pay like € 25 for a SEPA transaction, which is annoying if you have to pay small amounts. Some invoices are € 7. Insane to pay € 25 for that.

*
- Based within the EU
- Possibility to open an account without being resident of the country the bank is located
- No other insane fees
- Opportunity to have a credit card
- not looking for internet-only banks, Neteller, Skrill, etc.

[Cash Bonus]

What about the European Central Bank (Euro System)?

Here is a link for their website: https://www.ecb.europa.eu/paym/retpa.../index.en.html

You should find a good answer here about how they handle payments: https://www.ecb.europa.eu/paym/retpa.../index.en.html

I hope I've helped you out today.

[TravG]

What is SEPA? I am not familiar with SEPA...

[Sidney]

How about Bulbank.bg? Fees are min €7 to 0.1%. Don't have to be resident. Can get debit card on account. ordinary fees run about €100 p.a. Should be a branch near enough to where you are I think.

[wonderpunter]

I pay 40c on local and 1.50 on foreign SEPA, 25 is pretty much swift prices.. is there a re currency conversion or is it EUROS?

[Triple7]

I pay 40c on local and 1.50 on foreign SEPA, 25 is pretty much swift prices.. is there a re currency conversion or is it EUROS?

That prices seem to be more reasonable. It feels so crappy to pay 25 EUR transaction costs for paying an invoice of € 6. The account has both a EUR-account and a domestic currency account.

Which bank does charge € 1,50? For me that would be fine.

[Triple7]

How about Bulbank.bg? Fees are min €7 to 0.1%. Don't have to be resident. Can get debit card on account. ordinary fees run about €100 p.a. Should be a branch near enough to where you are I think.

Yes, , closest is about 250 km, so not very far.
Here (https://www.unicreditbulbank.bg/medi...7-2017-eng.pdf) it says - if I am right :

0,15%, min. 15, max.250 + 10 EURcommunication fee

[Sidney]

Yes, , closest is about 250 km, so not very far.
Here (https://www.unicreditbulbank.bg/medi...7-2017-eng.pdf) it says - if I am right :

0,15%, min. 15, max.250 + 10 EURcommunication fee

Further down that link, point 17.1.1 is the fee that would apply I think.

[Triple7]

Further down that link, point 17.1.1 is the fee that would apply I think.

Those are incoming transfers in foreign currency (which EUR also is I suppose?)

[Sidney]

(which EUR also is I suppose?)

It would be, if you hold your account in lev with a fixed exchange rate.

[Triple7]

It would be, if you hold your account in lev with a fixed exchange rate.

Oh ok, I would hold a EUR-account just, if necessairy just for the idea also a LEV-account, but I don't have transactions in LEV.

[Sidney]

Afaik, you can have a Euro account, or a multi-currency account if that suits.

[LukeC]

If you're making payments, whilst not banks, worth a look at using Transferwise or CurrencyFair.

[Triple7]

The problem with transferwise is that it's an exchange service. It was one of my first option, but they clearly stated that they're an exchange services. That means that I should exchange my EUR first in another currency and then send it to have it received somewhere else in EUR. It will cost something also.

Currencyfair I didn't know, will check them out. Thank you.

[eenzoo]

Checkout my Sig. SEPA payments are free! Offshore/Gambling related companies are welcome!