Real -time transfers from January: Money Transfer possible in seconds!

Real -time transfers from January: Money Transfer possible in seconds!

From January 9, 2025, the banking landscape in Europe will be turned upside down! Long overdue, it will finally be possible to carry out money transfers in euros in just 10 seconds. As reports noe.orf.at , all financial institutions are obliged from this date to guarantee reception and implementation of these real -time transfers. From now on, customers can access their money around the clock - even on weekends and public holidays. A revolution that was expected for a long time!

not enough! From October 9, 2025, banks must also offer the opportunity to send money themselves in real time. And the best thing about it? Additional fees are prohibited for these transfers! This means that the costs must not be higher than with conventional transfers, such as the Consumer center NRW in detail. This change will make it much easier and faster without any additional costs. In the case of previous options, many banks were hesitated due to high fees to offer real money transfers, now the motto is: fast and inexpensive!

important innovations and security aspects

The innovations not only bring more comfort, but also some security mechanisms. Each transfer is checked in the background by comparing the account number and the IBAN receiver name. This is intended to reduce the risk of phishing methods and other frauds. Consumer center NRW advises to be particularly vigilant at online banking and ignore suspicious emails. Anyone who thinks about the new limits for real -time transfers can determine individual maximum amounts in order to protect themselves.