Tide Logo

Start Your Business

Business Accounts

Credit

Business Tools

Support


Tide Logo


Securely send and receive euros

Just get a few details and your account will be ready to make and accept EUR payments.

This guide shows you how to:

🔗 Pay EUR to a new payee on mobile

🔗 Pay EUR to an existing payee on mobile

🔗 Pay EUR from your laptop or PC

🔗 Receive EUR into your Tide account

🔗 Understand our fees and FX markup rates

Pay someone in EUR

Pay someone in EUR

Add your payee if they're new

If you're transferring EUR to a brand new recipient, you'd need to add their bank details.

  1. Tap Accounts > Send > Send money abroad

  2. Tap +Add recipient and choose if you'd like to pay them in EUR or USD

  3. Select the recipient type (ie. business) and enter the recipient's legal name, country, and International Bank Account Number (IBAN)

  4. Tap Next > Approve recipient

Not receiving your EUR payment?

This could be because:

  • They'll need to select EUR as a currency before sending the payment. If they send it in GBP, their bank may charge them additional fees.

  • Any money sent via SEPA in currencies other than euros will fail to reach your account and will be returned to the sender.

  • The sender should also make they always use the SEPA payment method, and not use SWIFT to send euros to you, as this will also result in the transaction being declined.

  • If a payment takes longer to arrive, you should request a Proof of Payment from the sender. They can get this from their bank. When they share the Proof of Payment with you, tap the Support icon in the top-right of your app so our team can look into it for you.

  • All EUR payments are subject to eligibility criteria. The eligibility criteria is set internally between ourselves and our partner, and we’re not able to disclose this for security reasons.

See your statements

See your statements

Your SEPA payments are processed through a separate license to your GBP payments.

You'll be able to see them on your monthly statement, and in a separate statement too.

  1. Tap Accounts > Details next to your main account

  2. Tap Statements and documents > SEPA statements

EUR fees

Your SEPA transactions are subject to a fee (based on your Tide plan), the interbank exchange rate on the day, and a FX markup.

We collect the fees during payment processing. You'll see them listed in the confirmation screen (when making a payment) and under the transaction details (when receiving a payment).

 
null
Free
null
Smart
null
Pro
null
Max

EUR payment fee

5 free, then 20p each

30 free, then 20p each

Free

Free

Free

Free

EUR FX fee

1.5%

1.5%

0.5%

0.5%

0.5%

0.5%

0.5%

0.5%