With Settle, you can instantly send and receive money across the Eurozone countries! For example, if you are based in Germany, you can instantly send money to family in Spain, receive money from a friend in Cyprus, or even pay to a business in the Netherlands.
All this is free of any processing fees!
To transfer your money across borders safely and smoothly, both users need to be verified. Verification of identity reduces the chances of unauthorised access to your app, and it will also increase your transactions limits. Click here to find out how to verify identity.
Before initiating a cross border transfer, the recipient has to download the Settle app, enrol and verify the identity. Also, make sure that you have their mobile number saved in your phone’s contact list.
Good to know:
Cross border payments will be accounted against existing transaction limits as national payments.