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Send Money from France to European Union

French businesses and exporters paying European Union suppliers. Send EUR from France, receive EUR in European Union with t+0 (2.3s avg within unicorn network).

✓ Competitive Advantage: Local EUR collection + local EUR delivery = no correspondent bank fees

Save £1,520 per £100k Payment

France to European Union corridor savings

Traditional Bank
£2,025
  • ❌ 2-3 day settlement
  • ❌ Multiple correspondent banks
  • ❌ Hidden FX margins
  • ❌ High SWIFT fees
Unicorn Currencies
£505
  • T+0 (2.3s avg within Unicorn network)
  • Local EUR collection
  • ✓ Transparent 0.5% spread
  • SEPA (Single Euro Payments Area)
Your Savings
75%
£1,520 per £100k
At £600k-£6M monthly, save £7,608/year

Sending from France: What You Need to Know

EUR Origin Specifics

  • France uses EUR currency
  • SEPA instant payment network
  • GDPR compliance required

Your Local Advantages

  • Local EUR account available
  • SEPA (Single Euro Payments Area) instant collection
  • No correspondent bank fees on origin side
Local Collection Method
SEPA (Single Euro Payments Area)
T+1European instant/standard payments. Covers 36 countries.

Paying Suppliers in European Union: Compliance & Requirements

Regulatory Considerations

  • VAT (Value Added Tax) varies by EU country
  • Intra-EU vs extra-EU customs differences
  • GDPR compliance for customer data
  • EU sanctions regime (separate from UN/US)

Payment Best Practices

  • Use SEPA for €1-999,999 payments (very low cost)
  • Target2 for large/urgent payments
  • Post-Brexit customs documentation required for UK-EU
  • EUR volatility lower than GBP - good for budgeting
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via SEPA (Single Euro Payments Area)

FranceEuropean Union Corridor Insights

Popular Industries

  • Manufacturing
  • Freight Forwarding
  • Food & Beverage

Peak Trading Hours

Local business hours

Best for rate execution and faster settlement

Typical Volume

£100k-£500k

Average transaction size for this corridor
Monthly volume: £600k-£6M
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.

Frequently Asked Questions: EUR-EUR Payments

How fast are EUR-EUR payments?

EUR-EUR payments settle in an average of 2.3 seconds wallet-to-wallet when using Unicorn Currencies' local rails, or 1-3 days via traditional SWIFT depending on the route and correspondent banks involved.

What does a EUR-EUR transfer cost?

Unicorn Currencies charges a 0.5% FX spread plus a flat fee of £5 per payment for EUR-EUR transfers. This is significantly cheaper than traditional banks which typically charge 2-4% in hidden FX margins plus high SWIFT fees.

What exchange rate do I get for EUR-EUR?

You get real-time wholesale EUR-EUR exchange rates with 15-second rate locks. Our rates are sourced from institutional FX markets, giving you the same pricing that banks use for their own trades.

Can I lock the EUR-EUR rate in advance?

Yes, forward contracts are available for EUR-EUR payments. You can lock in today's rate for future payments, protecting your business from currency fluctuations for up to 12 months.

What details do I need for EUR-EUR payments?

Beneficiary details vary by destination. For European Union payments, you typically need the recipient's local account details (SEPA (Single Euro Payments Area)), account number, and beneficiary name. Some destinations may also require local clearing codes.

Ready to Send EUR from France to European Union?

Save 75% on every payment with t+0 (2.3s avg within unicorn network). Local EUR collection available.

Bank of Canada registered PSP | FINTRAC licensed MSB