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> and the transfer must complete in less than 90 seconds […a]nd frequently those transfers are also free. From what I hear in Germany, instant transfers always
by Semaphor 5y ago
> and the transfer must complete in less than 90 seconds […a]nd frequently those transfers are also free.
From what I hear in Germany, instant transfers always cost extra unless your bank account has a high fee. But that might just be us.
- sildur 5y agoI have a different bank, but as you can see here, instant transfers are free for personal use: https://www.paysera.com/v2/en/blog/what-is-sepa https://www.paysera.com/v2/en/blog/what-is-sepa I have been reading about instant transfers and I think the banks don't have to pay for individual transfers, they pay a fee for being part of the SEPA system. If that is correct, then every cent you bank charges you for an instant transfer goes directly to their pockets.