SEPA Credit Transfer Payments
in Germany
Standard 1-business-day SEPA transfer during TARGET2 business hours.
SEPA Credit Transfer in Germany
Euro · EUR
Contractor must provide their IBAN and BIC.
Payment Journey
You fund in USD, stablecoin, or BTC — your contractor in Germany 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 Germany contractor(s) to a batch or individual payment. Set the amount in USD — Bitwage handles everything else.
Converts & delivers via SEPA Credit Transfer
FX rate locks at approval. Bitwage converts USD → local currency and routes the payment via SEPA Credit Transfer. Compliance screened automatically.
Funds arrive via SEPA Credit Transfer
Settlement: 1 business day. Fees: 0–0.3%. Contractor can also choose USDC, USDT, or Bitcoin instead — they set their preference once.
How SEPA Credit Transfer Works in Germany
Bitwage submits a standard SEPA Credit Transfer before the daily cut-off. Funds are settled through TARGET2 the following business day.
Compliance & Security
German contractors are subject to Einkommensteuer (income tax) and must issue invoices for freelance services. Bitwage collects W-8BEN for US tax purposes and screens payments against EU and OFAC sanctions lists.
Germany uses the Euro, eliminating FX conversion for EUR-denominated contracts. For USD-funded payments, Bitwage locks the USD/EUR rate at execution to prevent settlement slippage.
Other Payment Methods in Germany
SEPA Credit Transfer in Germany FAQ
Common questions about SEPA Credit Transfer payments, settlement, fees, and requirements.
SEPA Credit Transfer payments to Germany typically settle in 1 business day. 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 Credit Transfer payments to Germany. 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 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 Germany-based contractors in a single payment run, mixing SEPA Credit Transfer with other local rails. All FX conversions are locked at batch payment processing execution time.
Related Resources
Start Sending SEPA Credit Transfer Payments to Germany
Settlement in 1 business day. Fees from 0–0.3%. OFAC screened on every payment.