What are Instant transfers?

All N26 customers have the ability to send Instant SEPA transfers. Unlike regular SEPA transfers which are processed within two business days, instant transfers are sent and received within seconds.

1. From the Home screen of your app or WebApp select Send money
2. Select a recipient from the contact list
3. Enter the amount and select Continue
4. Enter an optional reference text and select Continue
5. Choose to send it as an Instant Bank Transfer or Standard Bank Transfer
6. Enter your confirmation PIN
7. Confirm the transfer on the review screen.

The transfer will be processed and received within seconds.

Please note: if the recipient’s bank isn't part of the SCT Instant Scheme, you won’t have the option to send an instant transfer. Regular SEPA-transfers take up to 2 working days.

Instant transfers are free of charge for all customers.

When you send money with an instant payment solution—such as an Instant SEPA transfer, MoneyBeam, Wero, or Bizum (available in Spain only)—you’ll receive a notification as soon as the beneficiary’s bank confirms that the funds have arrived in their account.

If the transfer is not confirmed immediately, please wait until the payment reaches a final status (either confirmed or failed). Do not re-attempt the transaction until you have received a final status update. This also applies to standing orders sent via SEPA Instant and future-dated Instant Transfers.

• The default limit for Instant transfers is 10,000€ per 24h but you can change it at any time.
• If you’re paying a good or service via instant bank transfer, always make sure to check the receiver’s details and credentials before confirming the transaction. It is always best to be vigilant against scams.