Can any payment be made instantly in EUR?
No, there are conditions for a payment in EUR to be processed instantly. These are:
- Payment should be to a bank that has joined TIPS (Target Instant Paymant Settlemant), find the full list here.
- The maximum amount of a payment processed instantly can be EUR 10,000/payment for legal entities and EUR 1,000/payment for individuals.
❕If the above criteria are met, the INSTANT option will automatically be enabled when you fill out the payment form, and you must check it. ✔️
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