Keep Every Euro: SEPA Inflows with No Fees at ALTA bank

ALTA Bank continues to set standards that work in favor of its clients and directly impact their budgets. By a decision of the bank, all fees on inflows from the SEPA zone have been abolished for both individuals and legal entities. In practice, this means that the full amount of any payment received from abroad is credited without any deduction.

Citizens and companies thus realize direct savings. Beyond the financial benefit, the system also delivers speed of execution. Experience to date has confirmed that transactions are processed without delays and within the anticipated timeframes, allowing clients to access their funds without waiting. Technological alignment with the SEPA standard ensures faster crediting and greater transparency, making financial management simpler and more efficient.

In addition to the clear and measurable benefit of fee-free inflows, ALTA Bank has also ensured that outgoing international transfers are offered at some of the most competitive rates on the domestic market. This service remains among the most competitive in the country, further optimizing the overall costs of business operations and personal finances.

This achievement is the result of months of preparation by ALTA Bank, which was among the first in the country to receive regulatory approval for the implementation of SEPA protocols. Drawing on the strength and expertise of the ALTA Group — which has for years set the standards in the field of payment services — the bank has fully implemented the European business model in the domestic market.

In an environment where speed and competitive pricing have become imperative, ALTA Bank has distinguished itself with a concrete and measurable offer for its clients. While the SEPA system levels the technical playing field for all participants, ALTA Bank makes the crucial difference — making speed, security and fee-free inflows standard practice in everyday business.

SEPA enables cashless euro payments to be made under the same basic conditions, rights and obligations, regardless of whether the transfer is domestic or cross-border within the SEPA zone. Compared to the conventional SWIFT model of international payments, SEPA enables shorter execution timelines, lower costs and a higher degree of process standardization.

The bank’s focus is already directed toward the next phase of development — SEPA instant real-time payments. Given that clients in Serbia have for years, thanks to the solutions of the National Bank of Serbia, been benefiting from the domestic IPS system — including the popular “Prenesi” (Transfer) feature — the introduction of SEPA standards represents a natural step forward. This approach makes it possible to mirror the efficiency that users have come to expect in domestic payments — with fund transfers completed in under ten seconds, available 24 hours a day, seven days a week — onto cross-border transactions as well.

ALTA Bank invites citizens and business owners to take advantage of what ALTA Bank has to offer for simpler and more affordable cross-border transactions. Their message: “Accelerate your business and keep every euro that is rightfully yours!“