SEPA Instant Payments: now receive euro payments in real time
Bank Frick now supports incoming SEPA Instant Payments. Euro payments from third-party banks are credited to EUR accounts at Bank Frick within up to ten seconds – around the clock, 365 days a year.
Incoming SEPA Instant Payments are automatically available for existing Euro current accounts. No separate activation steps are necessary, provided the transferring bank supports SEPA Instant Payments. The amounts are credited regardless of the time of day, weekends or public holidays.
For API clients, Bank Frick also offers the option to process incoming payments in real time via a webhook. Moreover, payment allocation can be automated and optimised in combination with virtual IBANs (VBAN), especially in the case of high transaction volumes or complex end client structures.
With incoming SEPA Instant Payments, Bank Frick is greatly improving the payment experience and supporting clients in more efficient liquidity management.