Standard SEPA Credit Transfers have an effectively unlimited ceiling (up to €999,999,999), and since the EU's Instant Payments Regulation took effect, every EU bank must support real-time SEPA instant transfers (funds arriving within 10 seconds, 24/7, no extra fee) up to €100,000 per transfer. Daily transfer limits within SEPA are typically €2,000-10,000 by default, though many banks allow temporary increases up to €50,000. International transfers of €50,000 or more must be reported to the Bundesbank (Germany's central bank).
Standard SEPA Credit Transfers: effectively unlimited ceiling (up to €999,999,999).
SEPA Instant Payments (mandatory across the EU since the Instant Payments Regulation): transfers complete within 10 seconds, 24/7, no extra fee, up to €100,000 per transfer.
Typical daily transfer limits: €2,000-10,000 by default, with many banks allowing temporary increases up to €50,000.
International transfers of €50,000 or more must be reported to the Bundesbank.
Timelines
SEPA Instant Payment: under 10 seconds, 24/7
Required Documents
IBAN and BIC of recipient account
Purpose declaration for large transfers (€50,000+, for Bundesbank reporting)
Common Mistakes
Assuming all SEPA transfers are instant by default — standard SEPA Credit Transfers can still take up to 1 business day unless the sending bank specifically initiates an Instant Payment.
Overlooking the €50,000 Bundesbank reporting threshold for large international transfers.