Author:Santiago del Puerto

Drawing of phone and computer screen transacting an instant transfer

Instant Transfers vs. Traditional Transfers

  • Fraud prevention

Think of most traditional transfer types as electronic transfers of money that use a network. These transfers are usually traditional bank-to-bank transfers where money is moved typically within 1-2 business days. With instant transfers, customers are able to make convenient payments 24 hours a day, 7 days a week, 365 days a year and funds are almost always immediately available.

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