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EU seeks to make 10-second instant bank payments a reality
(www.euronews.com)
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The technical capability for instant SEPA transfers already exists (and has existed for a while), this is about making it free for everyone (some banks charge an extra fee for instant transfers).
And many do not offer it at all
Yeah, my last bank charged around 15ct per instant transfer. I was unpleasantly surprised when I found out that my current bank takes 2 Euros…
Instant transfers are €1.60+tax for me. Never used one.
Nor should you, don't enable this type of moneygrab