SEPA Instant Payments
in Spain
24/7 SEPA Instant Credit Transfer — settles in under 10 seconds.
SEPA Instant in Spain
Euro · EUR
Contractor must provide their Spanish IBAN and BIC.
Payment Journey
You fund in USD, stablecoin, or BTC — your contractor in Spain chooses how they receive it.
Fund your Bitwage Balance
USD via wire/ACH/FedNow, stablecoin (USDC/USDT), or BTC. Fund once — use for all payments.
Create a payment run
Add your Spain contractor(s) to a batch or individual payment. Set the amount in USD — Bitwage handles everything else.
Converts & delivers via SEPA Instant
FX rate locks at approval. Bitwage converts USD → local currency and routes the payment via SEPA Instant. Compliance screened automatically.
Funds arrive via SEPA Instant
Settlement: < 10 seconds. Fees: 0–0.3%. Contractor can also choose USDC, USDT, or Bitcoin instead — they set their preference once.
How SEPA Instant Works in Spain
Bitwage submits a SEPA Instant instruction through the EBA RT1 or TIPS network. The contractor's Spanish bank credits the account in seconds.
Compliance & Security
Spanish autónomos (self-employed) must register with the RETA (Special Regime for Self-Employed Workers) and issue invoices. Bitwage screens all payments against OFAC and EU sanctions lists.
Spain uses the Euro, eliminating FX risk for EUR-denominated contracts. For USD-funded payments, Bitwage locks the USD/EUR rate at execution.
Other Payment Methods in Spain
SEPA Instant in Spain FAQ
Common questions about SEPA Instant payments, settlement, fees, and requirements.
SEPA Instant payments to Spain typically settle in < 10 seconds. Bitwage locks your FX rate lock at execution time so recipients receive exactly the amount shown in the payment preview.
Bitwage charges 0–0.3% for SEPA Instant payments to Spain. There are no hidden per-transfer fees beyond the displayed rate. You can see the full cost breakdown before executing via our {{link:products/contractor-payments}} platform.
Contractor must provide their Spanish IBAN and BIC. Bitwage validates all payment details before executing. For batch payments to multiple contractors, use {{link:products/masspay}} to upload a CSV with all recipient details at once.
Yes. With {{link:products/masspay}} you can include any number of Spain-based contractors in a single payment run, mixing SEPA Instant with other local rails. All FX conversions are locked at batch payment processing execution time.
Start Sending SEPA Instant Payments to Spain
Settlement in < 10 seconds. Fees from 0–0.3%. OFAC screened on every payment.