It’s in the name: instant payments in euro only take 10 seconds. Any day, any time.
All thanks to EU rules that started to apply in 2025. They require payment service providers to offer instant payments in euro at no extra cost.
The new rules also mandate a verification of whoever you send the money to, avoiding mistakes or scams.
Your experience with instant payments may differ depending on the provider you use and the country you live in. The rules for sending and receiving them are already in place, but in some cases they apply from 2027.