How much do bank transfers cost?

Updated 3 weeks ago by Flore

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.

Lydia Free users can make one transfer per month to discover this feature. Premium users can make as many transfers as they want if their bank linked to the app appears in this list.

To know more about Premium, read this.

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