N26 enables SEPA real-time transfers

Monday 6 September 2021 11:12 CET | News

Germany-based neobank N26 has introduced a new payment method for its customers.

With SEPA real-time transfers, payments arrive in the recipient’s account in a few seconds and the money is immediately available to them, even if the other person does not have an account with N26.

With the new function, payments can be made around the clock, 365 days a year. With account models N26 Smart, You and Metal the transfer is free, however with N26 Standard there is a cost of EUR 0.49 per outgoing transfer.

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Keywords: product upgrade, SEPA Direct Debit, SEPA, money transfer, mobile payments
Categories: Banking & Fintech
Countries: Germany
This article is part of category

Banking & Fintech