Coinepay | How to Send Money to Romania from Italy: Step-by-Step Guide

Sending money from Italy to Romania is one of the most common cross-border transfer routes, whether you are supporting family, paying a freelancer or settling with a business partner. Coinepay supports transfers from Italy to Romania, with the exchange rate and fees shown clearly before you confirm, plus status tracking from your dashboard or the mobile app. This guide walks through what you need, the payout methods available and how to avoid common problems.

Before you start: what the sender needs

To send money with Coinepay you need a registered account with completed identity verification (KYC). If you have not done this yet, create your account and finish verification first. You can manage everything from the 24/7 dashboard or the Coinepay app on iOS and Google Play.

You will also need accurate details for your recipient. Collecting these correctly before you begin is the single best way to avoid delays or a returned transfer:

The recipient's full legal name exactly as it appears on their bank account or ID.
The payout details for the method you choose (see below) — for a bank deposit this is usually the Romanian IBAN.
Contact details for the recipient, in case they need to be notified or must present ID to collect funds.

Romania's currency and bank details

Romania's local currency is the Romanian leu (RON) — it is not a euro country, even though both Italy and Romania are in the SEPA zone. That matters because a recipient's account may be held in RON, in EUR, or both, and the payout currency affects what details you need.

A Romanian IBAN has 24 characters: it starts with RO, followed by two check digits, a four-letter bank identifier and 16 further account characters. Romanian IBANs do not contain a separate branch-identifier field, so you do not need a sort code or branch number in addition to the IBAN.

For a payout into a Romanian account you generally need:

The account holder's full name.
The IBAN of the account that should receive the money.
The receiving bank's SWIFT/BIC if the transfer is routed by SWIFT. For example, BCR (Banca Comercială Română) lists its SWIFT code as RNCBROBU; always confirm the correct code with your recipient's own bank.

Because Italy and Romania are both in SEPA, an eligible euro transfer can use SEPA rails, where the IBAN alone normally suffices without a separate BIC. Note that some Romanian banks do not automatically convert an incoming EUR payment into a RON account — Banca Transilvania states this explicitly — so check with the recipient whether their account can receive the currency you are sending.

Codes such as IFSC, CLABE or a US-style routing number are not part of standard Romanian account details. Do not substitute one of these for an IBAN; always follow the recipient bank's own instructions.

Payout methods you can choose

Coinepay supports common local payout methods. The exact options available for the Italy–Romania route appear in the app when you set up the transfer; choose the one that suits your recipient.

Bank-account deposit (RON or EUR)

The most common option is a deposit straight into the recipient's Romanian bank account. For a payout in RON, provide the account holder's full name and the RON IBAN. A EUR deposit is possible where the recipient has a suitable euro account — confirm currency compatibility first, since some banks will not auto-convert an incoming EUR amount into a leu account.

Mobile wallet

Mobile-wallet payouts are supported across many markets. If a wallet option is offered for Romania when you set up your transfer, you will typically need the recipient's registered name and the wallet's identifier (such as a phone number). Check the available payout choices in the app before you send, as supported providers can vary by route.

Cash pickup

Cash pickup lets the recipient collect funds at an agent location in Romania. For this method the recipient usually needs the transfer reference, any pickup/control number and valid government-issued identification matching the name you entered. Make sure the recipient's name is spelled exactly as on their ID.

Step by step: sending the transfer

Log in and start a transfer. Open the Coinepay app or dashboard and choose to send money / global remittance.
Choose the destination and currency. Select Romania as the destination and pick the payout currency (RON or, where suitable, EUR).
Select the payout method. Pick bank deposit, mobile wallet or cash pickup from the options shown for this route.
Enter the recipient details. Type the full legal name and the required details for your chosen method — IBAN (and SWIFT/BIC if requested) for a bank deposit, wallet identifier for a wallet, or recipient contact details for cash pickup. Double-check every character of the IBAN.
Review the exchange rate and fees. Coinepay shows the exchange rate and fees clearly before you confirm, along with the amount your recipient should receive. Review this screen carefully.
Confirm. Once you are satisfied, confirm the transfer. You may be asked for the purpose of the payment or the source of funds as part of compliance checks.
Track the status. Every transfer has status tracking. Follow it in the app from submission through to payout, and share any pickup reference with your recipient if you chose cash pickup.

Compliance, identity and local rules

All transfers are subject to identity verification, sanctions screening and local regulations. Coinepay screens customers and counterparties against sanctions lists and may ask for documents such as the purpose or source of funds. Supplying requested information promptly helps your transfer proceed smoothly.

On the receiving side, Romanian financial institutions have reporting duties: for money-remittance activity there is an institutional reporting threshold at the RON equivalent of €2,000, and for cross-border account transfers a threshold at the RON equivalent of €10,000, including linked transactions. These are duties on institutions, not bans on receiving money. Separately, Romania's tax authority ANAF notes that identifiable gifts or loans between relatives can be non-taxable, though the nature and source of funds may still be examined in a personal tax review — an incoming transfer from abroad is not automatically taxable. Neither Coinepay nor this guide provides tax advice; your recipient should check their own situation.

Never split a transfer, use a third party, or take any other step to avoid checks or reporting.

Troubleshooting

Wrong recipient details

An incorrect IBAN, a closed account or a name that does not match the account can cause a transfer to fail or be returned. Check every detail with your recipient before confirming. If you spot a mistake after sending, contact support immediately.

Compliance review

If a transfer is held for review, respond quickly to any request for identity information or evidence of the source of funds. Payment can be delayed or cancelled if required information is not supplied.

Delays

Transfers can take longer because of sending-bank processing, currency conversion, recipient-bank processing, or weekends and public holidays. Use the tracking in your dashboard to see the current status before assuming something is wrong.

Returned transfers

A transfer may be returned for incorrect recipient details, a closed account, a name mismatch, a compliance issue, or because the receiving account cannot accept the sent currency (for example a EUR amount sent to a RON-only account). If this happens, correct the details and resend, and contact support if you need help.

Get help

If you are unsure which payout method or currency to use, or a transfer does not behave as expected, contact Coinepay support or reach the team on Telegram. You can learn more about the service on the Coinepay home page.

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FAQ

What details do I need to send money to a Romanian bank account?

You need the recipient's full legal name and their Romanian IBAN (24 characters starting with RO). If the transfer is routed by SWIFT, you will also need the receiving bank's SWIFT/BIC. For eligible euro transfers via SEPA, the IBAN alone normally suffices.

Does Romania use the euro or the leu?

Romania's local currency is the Romanian leu (RON). It is not a euro country, although both Italy and Romania are in the SEPA zone. Confirm with your recipient whether their account is held in RON or EUR, as some banks won't auto-convert an incoming EUR payment into a leu account.

What payout methods can I choose for Romania?

Depending on the options shown for this route, you can choose bank-account deposit (RON or EUR), mobile wallet, or cash pickup. The methods available appear in the Coinepay app when you set up the transfer.

How much will the transfer cost and how long will it take?

Coinepay shows the exchange rate and fees clearly before you confirm, along with the amount your recipient will receive. Timing depends on bank processing, conversion and public holidays; track the live status in your dashboard or app.

Why might my transfer be delayed or returned?

Common causes are incorrect recipient details, a closed account, a name mismatch, a compliance review, or an account that can't accept the sent currency. Respond quickly to any request for identity or source-of-funds information, and double-check the IBAN before confirming.

How to Send Money to Romania from Italy: Step-by-Step Guide