Do you urgently need to pay for a service or reimburse a friend? In the client area of the BGL BNP Paribas Web Banking service, you now have the possibility of making instant payments.
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.
The main advantage of an instant payment is that it is immediate:
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.
Instant payments can be used in various situations.
For example, to:
Making an instant payment is very easy.
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.
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.
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.
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.
Log in to Web Banking to discover the feature right away.
Frequently asked questions
An instant payment costs EUR 0.80 for BGL BNP Paribas retail clients
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.
BGL BNP Paribas has been able to receive instant payments from participating banks since 27 July 2021.
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
