Hacker News new | ask | show | jobs
by SomeUserName432 326 days ago
> with practically zero fees

We pay 2.50 EUR for a SEPA transfer, it's ridiculously expensive.

We need local integrations for every market to cut costs.

2 comments

Where in Europe are you getting charged that much?

Usually SEPA payments are completely free for consumers. And I believe there’s a EU-mandated fee cap which is much less than 2.50 €. But if you have a business account, things are different.

Business account, invoicing in Scandinavia.

We clearly need to look into other banks.

That is pretty expensive, I agree. I pay zero additional fees when using my private account. For my business account I'm charged ~30 Cents flat per transaction. I know that there are banks offering better terms, but I'm too lazy to switch for just a couple of Euros in savings.