bunq Together

Instant Transfers?

Tarona

Hi —

sometimes I want to transfer money from my Knab account to my Bunq account.
I don't understand why I have to wait a whole day for the money to be received on Bunq?
All my other accounts receive the money within an instant, and I find this fairly annoying.
Thinking about switching banks because of this major inconvenience — my money is just stuck in the ether somewhere.
How can I solve this issue? Thank you.

Bastiaan

Tarona Knab is not connected to the "TIPS" payments network, that's why the transfers between these banks are not instant.
Check the following table of these payment networks and the connected banks:
https://www.betaalvereniging.nl/betalingsverkeer/instant-payments/deelnemende-banken-instant-payments/

You can use payment requests (and pay them via iDEAL) if you want instant transfers between bunq and Knab.