Get in touch - Bank of Valletta - BOV Group
Customer Service Centre - Bank of Valletta - BOV Group
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What are the characteristics of a SEPA Payment?
What are the characteristics of a SEPA Payment?
What are the characteristics of a SEPA Payment?
A SEPA payment has the following characteristics: 
  • payment is in euro
  • can be made to and from any account held with a bank located in SEPA
  • contains a valid IBAN (International Bank Account Number)
  • contains a valid BIC (Bank Identifier Code) - no longer required to be provided by the customer
  • each party to the transaction is charged separately by the respective banks
  • no limit on the value of the payment


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BOV Pjazza
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Bank of Valletta p.l.c. is a public limited company regulated by the MFSA and is licensed to carry out the business of banking and investment services in terms of the Banking Act (Cap. 371 of the Laws of Malta) and the Investment Services Act (Cap.370. of the Laws of Malta).