Beware of real -time transfers: Banking association warns of risks!

Beware of real -time transfers: Banking association warns of risks!

Schleswig, Deutschland - The banking association has advised to cure online banking with the help of real-time transfers. According to a report of the ndr , these transfers enable funds to transfer within a few seconds. So far, this service has been subject to a fee, but from October 2025 the real -time transfers within the EU will be offered free of charge.

A potential risk is abuse, especially due to phishing methods. Conventional transfers can still be stopped, but real -time transfers are not. To increase security, comparison of the account number and IBAN recipient names should help. Warnings are displayed if the data does not match before the transfer is released. Consumer advice also warn of possible phishing attacks in the introductory phase.

Details about real -time transfer

Another report by Computer Bild describes how real-time transfers work and contains valuable information on the fees that are connected with it. While some banks offer conditions under which account management fees are omitted, others can cost up to 4.90 euros per month, depending on certain criteria such as incoming money and age limits. There are also various tariffs and advantages for new customers, such as options for free cash withdrawal or cashback programs.

-transmitted by West-Ost-Medien