Since July 2003 transfers in euro to another country of the European Union cost the same as national transfers:
- if the transfer amounts to less than EUR 50,000
- if the coordinates of the beneficiary are complete (bank code BIC / IBAN).
- if you have selected the payment method “cost sharing” (if available).
If the recipient’s address is incomplete but sufficient to identify him or her, the transfer can be completed, but the bank will then pass on its processing costs to you.
For more information : Brochure of the European Commission “Cross-Border Credit Transfers In €uro”