Go Back  British Expats > Living & Moving Abroad > Europe > Spain
Reload this Page >

Money moving faster!

Money moving faster!

Old Nov 16th 2017, 11:06 pm
  #1  
BE Forum Addict
Thread Starter
 
Joined: Aug 2009
Location: Costa Blanca
Posts: 3,206
spainrico has a reputation beyond reputespainrico has a reputation beyond reputespainrico has a reputation beyond reputespainrico has a reputation beyond reputespainrico has a reputation beyond reputespainrico has a reputation beyond reputespainrico has a reputation beyond reputespainrico has a reputation beyond reputespainrico has a reputation beyond reputespainrico has a reputation beyond reputespainrico has a reputation beyond repute
Default Money moving faster!

On 21 Nov 2017, the new TIPS system (target instant payment settlement) will be introduced across the eurozone. Transfers of up to 15,000€ can be made at any time of the day (or night!) and will be processed immediately.

More here https://www.europeanpaymentscouncil....redit-transfer
spainrico is offline  
Old Nov 17th 2017, 12:31 am
  #2  
BE Forum Addict
 
Loafing Along's Avatar
 
Joined: Jan 2016
Posts: 2,325
Loafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond repute
Default Re: Money moving faster!

Originally Posted by spainrico
On 21 Nov 2017, the new TIPS system (target instant payment settlement) will be introduced across the eurozone. Transfers of up to 15,000€ can be made at any time of the day (or night!) and will be processed immediately.

More here https://www.europeanpaymentscouncil....redit-transfer
Real progress but only for the select few , Austria, Spain, Finland, Italy and Latvia.

Other countries will join up in 2018 - Germany, Portugal, Belgium, Sweden
and partially in Holland.
Loafing Along is offline  
Old Nov 17th 2017, 12:58 am
  #3  
Retired and loving it!
 
snikpoh's Avatar
 
Joined: Sep 2007
Location: Ontinyent - Valencia region (campo)
Posts: 5,173
snikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond reputesnikpoh has a reputation beyond repute
Default Re: Money moving faster!

.... and what about UK or is it only the EuroZone?
snikpoh is offline  
Old Nov 17th 2017, 1:00 am
  #4  
BE Forum Addict
 
Loafing Along's Avatar
 
Joined: Jan 2016
Posts: 2,325
Loafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond reputeLoafing Along has a reputation beyond repute
Default Re: Money moving faster!

Originally Posted by snikpoh
.... and what about UK or is it only the EuroZone?
As far as I have been able to find out only the EuroZone.
Loafing Along is offline  
Old Nov 17th 2017, 1:00 am
  #5  
BE Forum Addict
Thread Starter
 
Joined: Aug 2009
Location: Costa Blanca
Posts: 3,206
spainrico has a reputation beyond reputespainrico has a reputation beyond reputespainrico has a reputation beyond reputespainrico has a reputation beyond reputespainrico has a reputation beyond reputespainrico has a reputation beyond reputespainrico has a reputation beyond reputespainrico has a reputation beyond reputespainrico has a reputation beyond reputespainrico has a reputation beyond reputespainrico has a reputation beyond repute
Default Re: Money moving faster!

The transaction has to be made in Euros......
spainrico is offline  
Old Nov 17th 2017, 6:05 pm
  #6  
Banned
 
Joined: Feb 2011
Location: Mallorca
Posts: 19,367
amideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond repute
Default Re: Money moving faster!

Originally Posted by snikpoh
.... and what about UK or is it only the EuroZone?
I doubt the UK would want to be involved with such unsophisticated foreign nonsense.
amideislas is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Contact Us - Manage Preferences Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Your Privacy Choices -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.