Instant transfer

What is an instant transfer?

An instant transfer is a SEPA transfer in euros within the SEPA zone that is processed within seconds, 24/7 – including weekends and public holidays. The amount is immediately available in the beneficiary's account.

Can I receive instant transfers with Keytrade Bank?

Yes, all Keytrade Bank clients are able to receive instant transfers free of charge (on their current account), in line with the European regulation on instant payments.

Can I make an instant transfer from my Keytrade Bank current account?

Yes. All Keytrade Bank clients can initiate instant transfers (from their current account) via our app as well as our transaction site. They just need to toggle the option when entering the payment.

Are there any fees for instant transfers?

As with standard SEPA transfers, there will be no fees for making an instant transfer with Keytrade Bank. Receiving instant transfers is always free of charge.

Are all transfers instant?

No. First, a transfer can only be instant if both the payer’s bank and the beneficiary’s bank support this type of transaction. Second, the payer will be able to choose between an instant transfer and a standard one. Moreover the transfer needs to be in euro and within the SEPA area.

What limits apply to instant transfers?

A limit applies per instant transfer. By default, this is 5000^EUR per transaction. This limit can be modified in our app as well as on our transaction site (via “Preferences”).

Moreover, a maximum daily limit of 5000^EUR applies and cannot be changed.

Are instant transfers safe?

Yes. Instant transfers are just as secure as standard transfers.