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A comment on N26 will be leaving the UK. Parent comment

Re:N26 will be leaving the UK by raverbashing on Wednesday February 12, 2020 @02:26AM (#22306687)
Rest of the world: looks like Zelle most of the time (some occasions it's +1 day)

Banks in Europe: There might be a fee in some cases but I don't remember paying one (or it's <$5). Rent or similars are just recurring SEPA payments (it's a push - not a direct debt)

But can people (not business) initiate ACH transactions?

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Re:N26 will be leaving the UK by inferiorhuman on Wednesday February 12, 2020 @03:12AM (#22306900)
But can people (not business) initiate ACH transactions?

Yes. I used to do it to move money between checking accounts at different institutions. I don't think I've ever had an account that charged for ACH transfers. Meanwhile Zelle isn't supported by exactly one financial institution I use (but not one I use for banking).

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