Re:Has Brazil Invented the Future of Money?
by ivan_gammel on Wednesday July 23, 2025 @07:25AM
(#44657947)
„IBAN-to-IBAN can take up to 2 days to process“
Iirc, it is now legally mandated to perform instant transfers but some banks are slow to implement this feature. I have an account in one of German neobanks, where it’s basically 4 steps: Face ID, click transfer, paste IBAN and enter the name, enter amount, and the recipient gets push notification from their bank within a few seconds.
Iirc, it is now legally mandated to perform instant transfers but some banks are slow to implement this feature. I have an account in one of German neobanks, where it’s basically 4 steps: Face ID, click transfer, paste IBAN and enter the name, enter amount, and the recipient gets push notification from their bank within a few seconds.