BartoszChamp
I have a GBP local currency account, and would like to pay someone else in the UK. As recipient I say I want to provide an IBAN (UK is still part of SEPA). I enter the IBAN, and then on the next screen get asked for the account number and sort code (why? Those are part of the IBAN I just filled in), and whether I want to use Swift or 'Local Bank Account' . (Didn't I just specify I wanted to use SEPA?)
Filling in the details and Local Bank Account, on the next screen Bunq tells me this transfer will incur costs.
SEPA, FPS and a local transfer (the local currency account is even a UK account) should all be free. I've transferred the money into that account originally without any fees.
So why, when providing an IBAN does Bunq then ignore that? And why then choose something with a fee instead of a local transfer as an alternative?