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EU seeks to make 10-second instant bank payments a reality
(www.euronews.com)
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How is Australia ahead of Europe! We have Osko which allows instant transfer(seconds) upto $10,000 per day. It's fantastic.
We're talking about payments across different countries. Inside each country payments have been instant for a while
Not in Germany, at least not when using different banks.
That's not true for every bank. My bank supports instant payments (for free) regardless of the receiving bank.