There is no free in banking. With local banks you usually have a monthly or yearly banking fee. And app banks do all kind of weird financial models. Both models cashing in extra fees for withdrawals above a limit, outside the county etc.

One year I paid more than $500 banking fees in a year with zero monthly fee. For withdrawals abroad, exchange rates for deposits and withdrawals, calling with a more specific problem, etc.

Also as a merchant I do pay a fee on incoming swift transfers just to have a little automation. (Plus a monthly fee to use my company name instead of private name) Nothing is free

Edit:// also you can't send instand swift transfers on a holiday or Sunday. Sometimes not even Saturday. (or at night for that matter) Sometimes delaying up to 4 days (Easter) It's a imperfect solution either way.

For what it's worth, transfers within Europe using the local currency are usually free for consumers and have a small charge (€0.20 or so) for small businesses. I don't know if large businesses get a discount.

'Low' amounts (varies by country, call it under €20,000) are processed at evenings and weekends too.

I don't know of any bank that is clearing swift payments on the weekend (Swiss here). Not sure where you are from but I highly doubt this applies as European standard.

I refer to the "instant payment" systems.

https://www.ecb.europa.eu/paym/integration/retail/instant_pa...