3 ms·
SEPA instant already exists, but banks charge money for it sometimes. For instance N26 charges 49ct for an instant transfer vs free for one that settles next da
by the_mitsuhiko 3y ago
SEPA instant already exists, but banks charge money for it sometimes. For instance N26 charges 49ct for an instant transfer vs free for one that settles next day. Not sure why banks decided to nickle and dime you on this.
- Xylakant 3y agoAnd not all banks support this, as I found out to my dismay. Now I have accounts at two different banks, because having the option to make an instant transfer is always great.
- pc86 3y agoBecause they can, and when you're talking about tens or hundreds of millions of people, enough are willing to spend .49 to get the money immediately that it adds up to a nontrivial amount of money.