3 ms·
In the Netherlands I take my phone and send money to friends, companies, tax services etc, for free in about 15 seconds... arrives within minutes usually. Then
by IkmoIkmo 11y ago
In the Netherlands I take my phone and send money to friends, companies, tax services etc, for free in about 15 seconds... arrives within minutes usually. Then there's iDeal which is nice, too.
Creditcard payments are a different story, also pretty quick but not as seamless, and not as popular either. I only have a CC to buy some stuff from other countries, or when I leave the continent although my regular debitcard worked in 4 different continents so far, too... Tbh my CC is pretty much collecting dust.
- warp 11y agoIn 15 seconds? Between which banks is that? My experience is quite different, sending from Rabobank to ABN AMRO seems to take a few hours. From Rabobank to ING at least a day. From Rabobank to a bank in Ecuador is usually faster (within 30 minutes), but not reliably so.
- ricardobeat 11y agoTransfers between ABN accounts are effectively instant, one to three seconds before the money pops up on the recipients account in the app. Even abroad (South America) I still see my debit payments a few seconds after completing them.
- reviseddamage 11y agoThe US also has a similar service, Clearxchange.