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Ways to transfer money instantly?

  • 21-05-2020 10:55am
    #1
    Registered Users, Registered Users 2 Posts: 350 ✭✭


    I know in the UK when you transfer money with online banking it happens instantly.

    I need to transfer 90 euros to someone instantly - what is the quickest way? SEPA? They don't have PayPal. Is it quicker if it is the same bank to the same bank?


Comments

  • Registered Users, Registered Users 2 Posts: 36,170 ✭✭✭✭ED E


    Within a bank is normally near instant.

    SEPA instant when supported will give that euro wide.


  • Registered Users, Registered Users 2 Posts: 350 ✭✭SwordofLight


    Do most banks do SEPA instant? Like BOI / AIB? Would I need to sign up to it specially, fees etc?


  • Registered Users, Registered Users 2 Posts: 4,381 ✭✭✭Roberto_gas


    Do most banks do SEPA instant? Like BOI / AIB? Would I need to sign up to it specially, fees etc?

    None do it currently !


  • Registered Users, Registered Users 2 Posts: 350 ✭✭SwordofLight


    Facepalm for Ireland yet again


  • Registered Users, Registered Users 2 Posts: 14,378 ✭✭✭✭jimmycrackcorm


    Transfer revolut to revolut.
    Instant.


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  • Registered Users, Registered Users 2 Posts: 223 ✭✭pinktoe


    If your with the same bank its instant, otherwise go to whatever bank they use and lodge over the counter.


  • Registered Users, Registered Users 2 Posts: 350 ✭✭SwordofLight


    I wouldn't be rushing to do that with covid.


  • Moderators, Business & Finance Moderators Posts: 10,606 Mod ✭✭✭✭Jim2007


    Facepalm for Ireland yet again

    Approximately 56% of banks participating in SEPA are at some stage of implementation, so Ireland is not special.

    Save the Faceplam, for someone expecting access to advanced facilities for free.


  • Registered Users, Registered Users 2 Posts: 350 ✭✭SwordofLight


    Jim2007 wrote: »
    Approximately 56% of banks participating in SEPA are at some stage of implementation, so Ireland is not special.

    Save the Faceplam, for someone expecting access to advanced facilities for free.

    Advanced facilities for free? Are you mad - we pay the bank enough already! How is it advanced when all UK banks can do it instantly with no charge?


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