General information about SEPA

Last updated: 1 July 2026

Prevent deposit delays

If required and shown in the deposit instructions, make sure your deposit includes a reference to your Kraken Public account ID which starts with AA and is 16 characters long.

The Single Euro Payments Area (SEPA) is an initiative of the European Union that allows for fast, reliable and cheap e-transfers between bank accounts in the SEPA-zone.

SEPA consists of 36 countries:

•
the 27 member states of the European Union,
•
the four member states of the European Free Trade Association (Iceland, Liechtenstein, Norway and Switzerland),
•
Andorra,
•
United Kingdom,
•
Monaco,
•
San Marino,
•
Vatican City.

Country	Category	Access to SEPA
Andorra	—	✔︎
Austria	EU	✔︎
Belgium	EU	✔︎
Bulgaria	EU	✔︎
Croatia	EU	✔︎
Cyprus	EU	✔︎
The Czech Republic	EU	✔︎
Denmark	EU	✔︎
Estonia	EU	✔︎
Finland	EU	✔︎
Greece	EU	✔︎
Hungary	EU	✔︎
Iceland	EFTA	✔︎
Ireland	EU	✔︎
Italy	EU	✔︎
Kosovo	EU candidate	✗
Latvia	EU	✔︎
Liechtenstein	EFTA	✔︎
Lithuania	EU	✔︎
Luxembourg	EU	✔︎
Malta	EU	✔︎
Monaco	—	✔︎
Montenegro	EU candidate	✗
Netherlands	EU	✔︎
Norway	EFTA	✔︎
Poland	EU	✔︎
Portugal	EU	✔︎
Romania	EU	✔︎
San Marino	—	✔︎
Slovakia	EU	✔︎
Slovenia	EU	✔︎
Spain	EU	✔︎
Sweden	EU	✔︎
Switzerland	EFTA	✔︎
United Kingdom	—	✔︎
Vatican City	—	✔︎

All parts of a country are normally part of SEPA, but some countries have special territories which are not part of SEPA.

Country	Territory	Access to SEPA
Cyprus	Northern Cyprus	✗
Denmark	Faroe Islands, Greenland	✗
Norway	Svalbard, Jan Mayen	✗
United Kingdom	British Overseas Territories	✗

For more information about SEPA, see here: