TBB pank introduced an instant payments system on July 9th, which allows customers of banks that have joined this system to make and receive interbank money transfers in seconds. Transfers sent to and received from other banks that are part of the instant payments system will now be delivered almost instantly.
The maximum amount for an outgoing instant payment is 15,000 euros, and payments can be made regardless of the time of day, 7 days a week, including public holidays.
All private and corporate customers of TBB pank can initiate instant payments through internet banking or at a bank branch, the fee for Instant Payment is the same as for the SEPA payment. For personal banking clients all instant payments are free.
Instant payments operate between banks that are part of the pan-European Instant payments system. In Estonia, in addition to TBB pank, SEB, LHV, Swedbank, and Coop Pank have also adopted the instant payments system.
TBB pank