Comment by ivan_gammel

„IBAN-to-IBAN can take up to 2 days to process“

Iirc, it is now legally mandated to perform instant transfers but some banks are slow to implement this feature. I have an account in one of German neobanks, where it’s basically 4 steps: Face ID, click transfer, paste IBAN and enter the name, enter amount, and the recipient gets push notification from their bank within a few seconds.