0 Résultat

What is an instant payment?

An instant payment is a SEPA credit transfer that is processed immediately.

Within seconds, the beneficiary of your payment receives the money in their bank account, even if they hold an account with another bank. Equally, if someone wants to transfer money to you ASAP, they can if their bank offers this instant payment option. The amount of the transfer will be credited to your account in just a moment.

What are the benefits of an instant payment?

The main advantage of an instant payment is that it is immediate:

  • instant payments are credited to the beneficiary’s account within 10 seconds of BGL BNP Paribas sending the instant payment order;
  • the beneficiary can use the money received straight away.

This feature is available 24/7, 365 days a year.

You can therefore make or receive an instant payment at any time of the day or night, week or weekend, including bank holidays.

Find out about instant payment in this video:

In what situations can I make an instant payment?

Instant payments can be used in various situations.

For example, to:

  • pay a bill, service provider or insurance company as soon as possible;
  • reimburse a friend;
  • help out a relative;
  • pay for a home delivery;
  • pay for childcare;
  • etc.

How do I make an instant payment?

Making an instant payment is very easy.

  1. Log in to your personal space on your BGL BNP Paribas online banking service (app or web).
  2. Start a payment.
  3. The “Instant payment” option is offered to you automatically when you enter the details of your one-off SEPA credit transfer, assuming it is eligible.

You can make instant payments to the accounts of both new and existing beneficiaries, provided that the bank at which the receiving account is held allows instant payments.

couple utilise carte de credit pour achat sur internet

 

Patrick and Giselle enjoy a romantic evening at a restaurant. Afterwards, when they collect their children from the babysitter, they make an instant payment from their Web Banking app to settle up immediately. Patrick’s account will be debited right away, with the account of Jenny, the babysitter, credited by the same amount. Quick, easy and above all immediate.

 

Did you know

Because it is instant, this type of payment cannot be cancelled. We therefore advise you to take care when entering the recipient’s details, before confirming the order.

Are instant payments secure?

Instant payments meet the same security standards as traditional SEPA credit transfers.

LuxTrust mobile or LuxTrust Scan is required to authenticate your instant payment. Make sure you have this technology so that you can use the instant payment feature.

Frequently asked questions

  • icone faq question
    How much does an instant payment cost?

    An instant payment costs EUR 0.80 for BGL BNP Paribas retail clients

  • icone faq question
    Can I cancel an instant payment?

    No, instant payments are executed within 10 seconds of the instruction being sent. If there is a mistake, the sender will have to contact the beneficiary to recover the money.

  • icone faq question
    Can I receive incoming instant payments?

    BGL BNP Paribas has been able to receive instant payments from participating banks since 27 July 2021.

  • icone faq question
    Are all bank accounts eligible for instant payments?

    No. Only savings accounts and current accounts denominated in euro can make instant payments.
    Also, an instant payment cannot be made to another BGL BNP Paribas account as, since 27 July 2021, all intra-BGL BNP Paribas transfers have been executed in real time

     

By continuing to view our website, you accept the use of cookies.

For further information, please read our Cookies Policy.

Management of my cookies

BGL BNP Paribas respects your privacy. With your consent, BGL BNP Paribas would like to use cookies on this website. Some of these cookies are strictly necessary for the proper functioning of the site and for the purpose of anonymously measuring the website’s audience. Others will be used to provide you with personalised offers and services based on your browsing experience. Your consent for the installation of cookies that are not strictly necessary is optional and may be withdrawn or given at any time.

For further information, please read our Cookies Policy.
×
Functional cookies (not editable)

Functional cookies (not editable)

These cookies are essential to ensure an adequate and effective connection to the website. They guarantee the security of the online environment.

Anonymised audience measurement cookies (not editable)

Anonymised audience measurement cookies (not editable)

These cookies allow us to understand how visitors arrive at our website and to measure their numbers. They allow us to analyse how the website is used so that we can make improvements, i.e. to help users easily find what they are looking for.

Functionalities affected:
  • Adobe Analytics
Customised offers and services cookies (editable)
Deactivated
Activated

Customised offers and services cookies (editable)

These cookies allow us and our partners to provide you with customised offers and services that are more relevant to your interests. Customised offers and services cookies record your visit to our website, the pages you have visited and the links you have followed. We and our partners use this information to tailor offers and services on our website to your interests. They may also be used to display personalised advertisements about our products on other websites, to measure the effectiveness of an advertising campaign, to limit the number of times you see an advertisement, to show affiliate advertising, to detect click fraud, to improve our products, and to conduct market research and debugging. If you refuse these cookies, we will not be able to personalise the ads you see.

Functionalities affected:
  • Medallia