Lydia can be used to send funds to all beneficiaries who hold a euro payment account with a payment service provider established in the SEPA zone after verifying the match between the entered IBAN and the beneficiary's name, and the operation is validated by the Lydia user.
In the event that the beneficiary's payment service provider is unable to receive a euro transfer, the transfer shall be rejected, and funds shall be re-credited to the Lydia user's account.