The Banque de France defends instant transfers

It accounts for just 3% of all transfers made in France, compared to 10% in the rest of Europe.

The Banque de France on Tuesday encouraged individuals and professionals to make more use of instant transfers while France was under “a little delayin this area compared to its European neighbors. Despite a very significant increase in the number of instant transfers, they account for just 3% of total transfers in France, versus 10% in Europe, complained Julien Lasalle, secretary of the National Committee for Cashless Payments (CNPS), an advisory body chaired by the Banque de France. bringing together representatives of the payments sector.

confronted with that”slight delay», which she attributes in particular to a lack of awareness, the CNPS is launching a communication campaign aimed at individuals and professionals to make this tool better known. Instant transfers, offered by some banks as an alternative to traditional transfers, are carried out in less than 10 seconds, if the payer’s bank and the payee’s bank allow it, regardless of the time and day of the year.

An effective tool for sales between private individuals

A classic transfer usually takes one day. In certain special cases, e.g. B. on a weekend after or before a holiday, it can exceed 72 hours.

In addition to reimbursements between relatives, Sofortüberweisung can be particularly useful in the context of a sale between individuals, to pay a craftsman more quickly or to pay a supplier, defends Alexandra Madeline, secretary of the Sofortüberweisung working group. Given the cost of this type of transfer, which is charged by several banking institutions, the committee recalled the existence of the Paylib interbank system, which is completely free.
Another advantage of the immediate transfer: there is less fraud than with the bank card or the check, two other daily means of payment, Julien Lasalle specified. On the other hand, it remains higher than all remittances, but this is explained by the fact that the vast majority of salaries are paid through traditional remittances, which automatically lowers the fraud rate. At the beginning of April, after Crédit Mutuel and Boursorama, Postbank announced the general introduction of free instant transfers.

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