Hey community! 
We have some good news for those of you who do many SEPA payments. 
When sending a domestic transfer in EU countries, typically you just need a name and IBAN. However in our Business API the bic field was mandatory as it is required in many other cases. 
This is now no longer the case. 
If you now create a counterparty with a SEPA IBAN, you will no longer need to provide the BIC.
Feel free to test it and let us know if you have any issues. The api itself hasn’t changed but you can head here to review the specification.