When booking your summer getaway, the last thing you want to worry about is hidden bank fees. If you are sending a deposit directly to a host in Europe. At Nikana, we believe that planning your holiday should be stress-free and cost-effective. That’s why we encourage all our travelers to take advantage of the SEPA payment system when securing their dream accommodation through us. Save on Fees When You Book with Nikana: The Power of SEPA Payments SEPA (Single Euro Payments Area) is a payment-integration initiative of the European Union for simplification of bank transfers denominated in euro. Today, it covers 36+ countries, making cross-border transfers as easy as local ones. Why use SEPA for your holiday deposits?
- Fixed Low Fees: Unlike traditional wire transfers (SWIFT) that can cost up to €40, SEPA transfers usually range from €1 to €7.
- No Intermediary Banks: Your money goes directly from your account to the host’s account without third-party deductions.
- Speed: Confirm your reservation faster! Transfers are usually completed within 24 hours.
Important Note: To make a SEPA payment, you only need the host’s IBAN and BIC/SWIFT code. Always choose the “SHA” (shared costs) option in your banking app to ensure the most cost-effective transaction. Save on fees, spend on memories! By choosing SEPA, you are keeping more of your travel budget where it belongs – in your pocket.
We hope this guide makes your booking process smoother and keeps your travel budget where it belongs – with you! Now that the technical part is sorted, it’s time to start dreaming about the sea. Browse our accommodation offers and find your perfect summer home. We’re here to help!”