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There are normal SEPA transfers (taking between a few hours and 1-2 days) and there is SEPA Instant which transfers the money within a few seconds. Those are tw
by skrause 6y ago
There are normal SEPA transfers (taking between a few hours and 1-2 days) and there is SEPA Instant which transfers the money within a few seconds. Those are two different systems and not all banks support SEPA Instant yet.
I've done a few SEPA Instant transfers in Germany already and they really arrived within a few seconds to a few minutes.
- pmontra 6y agoThe instant trasfer costs money in Italy. I saw fees from 5 to 50 Euros.
- zaarn 6y agoMost banks in germany do it for free, my bank does 1'000 Instant Transfers for free (incoming + outgoing) after which I have to pay a fee for every additional block of 1'000 transactions. 1'000 is plenty considering the supermarket would still be fine with a next-day standard SEPA, so 3-per-day on average seems reasonable to me.
- deleted 6y ago[deleted]