SEPA Payouts
SEPA Payouts Integration
European bank transfers via SEPA
Send commission payouts to European affiliates via SEPA (Single Euro Payments Area) bank transfers. SEPA covers 36 European countries and processes payments in euros with low, predictable fees. Affiliates provide their IBAN during onboarding and receive payouts directly in their bank account. Transfers typically settle within one business day. Ideal for EU-based affiliate programs that want to avoid PayPal fees and offer direct bank deposits.
Key features
36 European countries
SEPA covers all EU/EEA countries plus Switzerland, UK, Monaco, and others. One integration for all of Europe.
Low, predictable fees
SEPA transfers are free or cost cents per transaction — dramatically cheaper than PayPal or wire transfers for European payouts.
Fast settlement
Standard SEPA Credit Transfers settle within one business day. SEPA Instant (where supported) settles in seconds.
Direct bank deposit
Affiliates receive funds directly in their bank account. No intermediary wallets or third-party accounts needed.
How it works
1
Enable SEPA in your bank or PSP
Ensure your business bank account or payment service provider supports SEPA Credit Transfers. Most European business accounts include this by default.
2
Configure in Icodrip
Go to Settings > Integrations > Payouts, select SEPA Payouts, and enter your IBAN and BIC. Icodrip verifies the account.
3
Set payout schedule
Configure minimum payout thresholds and batch frequency (weekly, bi-weekly, or monthly). Icodrip groups pending commissions into SEPA batches.
4
Affiliates enter their IBAN
During onboarding, European affiliates enter their IBAN. Payouts are sent directly to their bank account via SEPA.
Events tracked
- payout.initiated — SEPA transfer created with IBAN and amount
- payout.processing — Transfer submitted to the banking network
- payout.completed — Funds received by affiliate's bank account
- payout.failed — Transfer failed (invalid IBAN, insufficient funds, etc.)
Setup takes less than 60 seconds.
No code changes required.
Frequently asked questions
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Learn More
Start tracking with SEPA Payouts
Create your free account and connect SEPA Payouts in under a minute.