How much do bank transfers cost?

Incoming transfer on a IBAN Lydia

Incoming transfers are entirely free for Lydia IBAN holders.

If the issuing bank's currency is the Euro and part of the Single Euro Payments Area (SEPA), you will not be charged when you receive a transfer on one of your Lydia accounts.

If a banking institution sends over a transfer to your Lydia IBAN in a different currency without conversion, the transfer will not be processed and will be returned to the issuing banking institution.

Outgoing transfer from a Lydia account

Transfers issued from a Lydia account via a Lydia IBAN are entirely free and instantaneous to all customers who are verified.