Comment by iurisilvio
19 hours ago
Brazilian living in NL, experienced in both. I think biggest difference is Tikkie doesn't give you an easy identifier. Great for privacy, but being able to send money to your email/phone number makes a difference for some real time use cases. QR code helps, but it is not the same.
IBAN works pretty ok as an identifier when you need that. Bank transfers between Dutch banks are almost instant anyway
It is instant provided your financial institution works within the SEPA Instant transfer system
Since last year, all EU banks have to support SEPA Instant Transfer, both receiving & sending, at the same price as a usual transfer (Instant Payments Regulation 2024/886)
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