Nordea Introduces Cross-border Instant Euro Payments in Finland
Nordea customers in Finland can now receive instant euro payments from business partners and individuals from Europe. This can be at any time of the day, seven days a week, all year round. By making instant euro transfers available to its customers in Finland, Nordea says it has become the first bank in the Nordics to offer this breakthrough service.
SEPA payments between banks have been processed during normal banking days, leaving customers often waiting hours or a whole weekend to receive payments. With this new service from Nordea, transferring euros between banks is instant. In terms of volume, there is an initial maximum limit of €15,000 per single payment.