4 ms·
We must have different definitions of Europe because I live in Romania (which has been a member of the European Union since 2007) and yet even national transfer
by ciupicri 4y ago
We must have different definitions of Europe because I live in Romania (which has been a member of the European Union since 2007) and yet even national transfers are not instantaneous if you're doing them in the evening, not to mention the weekend. And don't get me started with transfers to other European countries.
I also think you meant cheap, not free. By the way I find it funny that some banks tax the receiver, so in order to get money, you have to lose money :-)
- bearmode 4y agoIn the UK they're still usually instantenous in the evening, and also completely free.
- ciupicri 4y agoIncluding for companies?
- 7steps2much 4y agoCan't speak for the UK, but at least in Austria a company bank account is no different from a personal bank account, at least as far as technology is concerned. That said, I know at least a couple of (admittedly rather large/corporate) companies that explicitly opted out of instant transfers for some reason.
- ciupicri 4y agoI can't comment on technologies, but the user interface for a business user might be different from that for a home user. As for fees, they tend to lure individuals with free this, free that, while taking kidneys and other organs from businesses.
- peoplefromibiza 4y agoSEPA is available in Romania.