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instant payments were just introduced in Germany, it is weird if you get the money the same day someone wire transfered it to your account. Wire transfers are v
by tehabe 6y ago
instant payments were just introduced in Germany, it is weird if you get the money the same day someone wire transfered it to your account. Wire transfers are very common in Germany, checks are almost gone. But these instant transfers are really new. Before those transfers were cleared once a day, I think.
- skrause 6y agoSame-day wire transwers were already common in Germany in the last few years with the old system (the settlement is done every few hours), except for a few slow banks. SEPA Instant is literally settled in a few seconds. I tried this out a while ago: Started the money transfer from one bank account to another, logged in into my second bank account immediately after and the money was already there.