Bank Transfer Europe

Bank Transfer Europe is an open banking solution in Europe. Open banking payments are authenticated directly between consumers and their banks. It works in a similar way to most online banking methods.

A customer simply selects the payment type during the checkout process, at which point they are redirected to their bank’s online banking environment to securely confirm the payment.


Payment flow

  • Choose “Bank Transfer Europe” from the available payment options.
Bank Transfer Europe select
  • The user will be redirected to the payment page to select which bank.
Bank Transfer Europe select bank
  • The user needs to log in on their bank either from mobile or web.
Bank Transfer Europe log in
Bank Transfer Europe redirect
Bank Transfer Europe enter account
Bank Transfer Europe select account
  • The user will see a notification that the transaction is now successful.
Bank Transfer Europe successful

Bank Transfer Europe


name description
Countries Austria flagAT, Belgium flagBE, Germany flagDE, Netherlands flagNL, Poland flagPL, FI, Spain flagES, United Kingdom flagGB, France flag FR, Sweden flag SE, Ireland flagIE, Estonia flagEE
Type Bank Transfers
Processing currencies EUR
Supported currencies Refer to currency codes
Payment confirmation time Instant
Chargebacks No
Refunds Yes
Partial refund Yes
Refund time frame 180 days
Onboarding required Yes
Recurring Payments No
Mobile UI Yes
Opens new window Yes
Min Transaction Limit 0.30 EUR

Available models:

  • Merchant.

Included with your Paymentwall account.

  • MOR.

Terminal 3.