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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, when filling in the payment instruction in BT24/Neo BT, the INSTANT option to be ticked is automatically activated. ✔️

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    PaymentsTransferEuroinstant euro payments