Zara Chechi
Reading time:
5 min
For businesses operating across Europe, growth can often come with friction.
New markets introduce new payment routes, new processes and more points of failure in how money moves.
That’s where things start to slow down.
Moving EUR to markets like Montenegro, North Macedonia, Moldova and Albania has typically meant relying on traditional international rails. We’ve seen how much complexity this creates for businesses: higher fees, longer processing times, multiple intermediaries and limited visibility.
With our expanded SEPA coverage, that changes.
Businesses can now send and receive EUR payments to and from these markets in the same way they operate across the rest of Europe, without changing how they operate.
A more consistent (and cost-effective) way to operate
Cross-border payments can create a fragmented operation as payments behave differently from one market to another. This fragmentation can lead to operational overload and as business expands, it becomes harder to maintain control and keep an eye on costs.
That’s where SEPA comes in. SEPA provides a consistent structure for EUR payments across participating countries.
With no intermediary banks in the chain, fees are lowered and routing is more direct, which means your payments arrive quicker. So it’s faster and more cost-efficient.
With our latest expansion, Altery now supports SEPA payments to Montenegro, North Macedonia, Moldova and Albania.
As you grow into new markets, both your processes and your costs remain consistent and affordable.
What this means for your business
When payments follow the same structure across markets, day-to-day operations become easier to manage:
Payments follow the same flow, regardless of destination
Settlement times are predictable
Your team doesn’t need to work around different systems or timelines
The result is less time spent managing payments and more time focused on growing your business.
What is SEPA?
SEPA (Single Euro Payments Area) is a network that standardises EUR payments across participating countries.
Instead of treating cross-border transfers as something separate, with different processes, timelines and costs, SEPA brings them under a single network. This means cross-border payments that feel much closer to local transfers.
Expanding into new markets shouldn’t mean changing how you operate. With Altery’s expanded SEPA coverage, you can move into more regions without adding complexity.
This article is for informational purposes only and reflects our operational experience.
