On the op.fi service, you can make payments abroad in euros or other currencies in the same way as making domestic payments – by using the New payment function. International payments come in two types: cross-border SEPA credit transfers and international payments. SEPA credit transfers mean a euro payment made within the single euro payments area to another country. All other payments abroad are international payments.
When you type in a foreign account number as the payee’s account number, the service identifies the payment as an international payment. There is no service charge for euro payments to SEPA countries.
How to make a euro payment?
You can make euro payments to SEPA countries by using the New payment function on the op.fi service. Use the international bank account number (IBAN) and the bank identification code (BIC). Also, fill in the requested additional information. If you make the payment before 14.00, the payment will generally show on the payee’s account already on the same banking day.
Make other euro payments abroad in the same way as non-euro payments.
How to make a non-euro payment?
Make euro and all non-euro payments to countries outside the SEPA by using the New payment function on the op.fi service. In Payment method, select Payment instruction. The payment will generally be delivered within one week. If the payment is urgent, select Urgent payment instruction in Payment method. Only adults can make international payments.
The charge for an international payment depends on whether your make the payment as a payment instruction or urgent payment instruction. Urgent payment instruction is more expensive than payment instruction. The charge also depends on whether the payer pays all charges incurred by the banks. If you make an international payment to an EEA country, the payer and the payee shall each pay their own bank’s charges, i.e. the charges are divided (SHA). This is the most recommendable way of making an international payment. When making a payment to a country outside the EEA, you can also choose to pay all the payment charges (OUR), meaning that the payee will receive the payment in full.
Earned OP bonuses are used to pay service charges for international payments.
For more information on international payments, contact OP customer service.
Learn more about SEPA credit transfers and international payments.