Instant credit transfers
What Are Instant Credit Transfers?
«Instant Credit Transfers» are money transfers carried out in real time. They allow funds to be transferred instantly from one bank account to another, regardless of the time of day, including weekends and public holidays. Payments are processed and credited to the recipient's account within a few seconds.
Features of the «Instant Credit Transfer» Service:
- The service is available to resident clients of Ukraine;
- The service is available only if both banks support it;
- Transfers are made in Ukrainian hryvnia;
- Transfers can be made using the IBAN only;
- Clients can set their own individual limits, which must not exceed the permitted limits established by JSC CB «GLOBUS».
- Clients can initiate instant payments only via the web version of the WEB – iFobs remote banking system;
What Are the Benefits of «Instant Credit Transfers»?
- 24/7 Availability: Instant transfers are available 24 hours a day, 7 days a week, including weekends and public holidays. This makes transactions much easier, especially when urgent payments need to be made.
- Speed: Transfers are processed instantly, and the recipient receives the funds in their account immediately. This reduces waiting times when paying for goods and services, which is essential for ensuring uninterrupted business operations and timely settlements.
- Convenience: Unlike traditional interbank transfers, which may take several days to process, instant transfers do not require any waiting time – funds are credited immediately.
- Reliability: All transfers are processed through reliable and certified payment systems, ensuring the security of every transaction.
For more detailed information about the «Instant Credit Transfers» service, please refer to Clause 2.12. INSTANT CREDIT TRANSFERS of Appendix 1 to the Banking Services Agreement with JSC CB «GLOBUS».
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