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Bank SEPA Transfers For Your Business at Genome  

Jan 25, 2022

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Doing business with the countries of the European Union, it is important to know the most effective instruments for your financial transactions. Bank SEPA transfer is devoted to simplification, standardization, and optimization of money transactions. Genome financial online platform offers numerous possibilities for the effective operation of your finances. By opening a business account at Genome, you will be able to conduct bank SEPA transfers whenever you need them.

Advantages of Bank SEPA Transfers


The Single European Payments Area allows online account holders to take advantage of its simple and efficient payment system. Thanks to SEPA payment the national financial markets of different countries were united into a single payment zone. Today, both residents of the EU countries and non-residents who have a business account can use SEPA transfers. For more than 13 years businessmen of Europe and other countries of the world use the advantages of bank SEPA transfers. Within the EU zone, bank payments are 

  • fast and reliable: payments are made no later than 24 hours after their registration

  • standard: SEPA payment space does not depend on the internal financial regulation of any country of area and the presence of borders

  • do not require the submission of special documents

  • have a flat low fee that is not conditioned by the amount of money transferred, destination, or any other factors.


To conduct your money transactions with your bank SEPA transfer, you need to open an online account. Within the SEPA payment system, financial transactions are directed quickly and efficiently, ensuring consistency of transactions regardless of where money is sent from.

Making Your SEPA Transfers With Genome Account


By opening a Genome account, you will be able to carry out the following types of financial transactions in EUR, GBP, or USD thanks to bank SEPA transfer:

  • transfer money from a bank account of one owner to the bank account of another;

  • conduct payment for services and bills 

  • make payments by bank cards, etc.


Within your Genome account bank SEPA transfers get additional benefits:

  • You can add up to 15 IBANs in 1 wallet.

  • You can determine the number of staff who will manage your wallet with different access. The list of people endowed with the right to manage the account can be edited anytime. 

  • All your business transactions are protected by the National Bank of Lithuania and automatic processing that covers all stages of transactions. 


With the Genome financial services, you will conduct the most seamless bank SEPA transfers you ever had!  

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