BANCA Transilvania, one of the largest banks in Romania, has announced a very important first for customers from all over the country, and this is because it has officially decided to offer the possibility to instantly collect money in euros sent from various banks in Europe , with one major condition.
BANCA Transilvania is now part of the TIPS settlement system (TARGET instant payment settlement), and thanks to this decision, it is the only bank in our country that can offer Romanian customers the opportunity to enjoy instant transfers in euros from banks in Europe .
According to those from BANCA Transilvania, customers can follow through NeoBT and BT24 when the money arrives in their accounts, so from this point of view there is a very simple method to track what happens with the money that must arrive from other places from Europe, which is good.
BANCA Transilvania offers this service without asking any additional payment to its clients in Romania, so it is important to take this into account as well, and to take advantage of everything that is available to us at the moment, and this is because we are talking about an extremely beneficial decision for all of us.
Banca Transilvania has launched instant payments in euros, a free service thanks to which individuals and legal entities receive, on the spot, money from one of the banks in Europe, part of the TIPS (TARGET instant payment settlement) settlement system. BT is the only bank in Romania that offers customers this facility.
Transilvania Bank customers can track the receipt of money through Neo and BT24. Instant payments were launched in Romania three years ago by Transfond, Banca Transilvania and CEC Bank, meaning the possibility of transferring lei, in real time and non-stop, to the other banks in Romania that have joined this system.
