Transfer money to a bank account in seconds rather than having to wait one or two days for it to appear: the instant transfer option is offered by most banks... but often charged.
From 2025, they will have to offer this service in all countries in the euro zone and at the same price as a traditional transfer.
In France, the latter is generally free.
The European Union adopted a regulation this Monday, February 26, which imposes these new conditions on banks in member countries.
The Council of the EU, which brings together the 27 member states, approved the project already validated by the European Parliament on February 7.
It aims to democratize the use of this method of transfer, which is faster than the traditional method.
Banks will have to comply no later than 18 months after its entry into force, scheduled for April, or before fall 2025. In countries that have not adopted the single currency, banks will benefit from additional time. until 2027, and even 2028 for payments from an account denominated in their national currency.
The instant transfer service must also be available every day of the year and at any time.