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EU seeks to make 10-second instant bank payments a reality
(www.euronews.com)
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this post was submitted on 09 Nov 2023
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How is Australia ahead of Europe! We have Osko which allows instant transfer(seconds) upto $10,000 per day. It's fantastic.
It's not that it doesn't exist, but it's an extra paid option.
For my bank, instant is free but requires the receiver to also have instant sepa support.