According to an ING Germany representative, the company wants to offer this to their private customers by the end of 2021 initially for incoming payments, and in 2022 also for outgoing payments. Instant Payments are account-to-account payments that are processed around the clock in seconds. In Europe, the ‘SCT Inst’ fast transfers have been available since November 2017.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now