Receive euros

Get an IBAN in Peanut to receive business payments by SEPA. Euros arrive as digital dollars, ready to use.

Create an account

Share your bank details once and reuse them for later payments. The business pays from its bank and doesn't need Peanut.

• Open and keep your EUR account without a fee.
• Receive SEPA payments from businesses or your own bank account.
• Keep digital dollars and use the payment options in your app.

Your own account and businesses, such as a business client or employer, can pay you. Payments from another person are returned to their bank.

Access depends on verified residence and account checks. Review the payer rules before sharing your details. If you use a payment or payroll platform, check that it supports this transfer type.

Open your EUR account details

1. 1

   Create and verify your account

   Sign up in the Peanut app and complete identity verification. If the app asks for your home address, add it.

2. 2

   Choose EUR

   Open Accounts → Open new account → Open EUR account.

3. 3

   Copy the details in the app

   Share the IBAN and beneficiary details with the business paying you.

4. 4

   Receive a SEPA payment

   The business sends euros and the money reaches your digital-dollar balance. You can reuse the details for later payments.

Euros convert to digital dollars; you don't keep a separate euro balance. Peanut adds no receiving fee. The conversion cost is included in the exchange rate, and the sending bank may charge its own fee.

The minimum is €1 per payment. Payments usually arrive the same business day, with an estimate of up to two business days. Bank processing or checks can delay them. If one is missing, use the deposit help guide.

Keep digital dollars or choose a payment or bank-withdrawal option in your app. Check the withdrawal guide for that route's costs and requirements; receiving fees do not describe a later withdrawal.