• Pay a large sum

Good afternoon, I have to make a payment of €40,000 soon. Can I transfer this in 1x? And if so, how long will it take before it is on the other dutch account? Thanks in advance, gr Ingrid Doodeman

    Ingrid Yes, if you set the limit of your sub-account high enough, this is possible. You can change your limit by opening the sub-account from the Home page of the bunq app and tap on the settings (⚙️) icon. There you'll find an option to change the limit.

    If the other bank is also supporting the RT1 or TIPS Instant Payment network, the transaction will be instant. If not, it'll be sent as a regular SEPA transfer which takes 1-2 business days.

    It's also possible bunq or the receiving bank temporarily hold the transaction to check it, if this takes more than a few business days they'll contact you

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