Bank of Valletta has successfully launched its SEPA Incoming Instant Payments service, offering customers a faster, more efficient way to receive funds from anywhere in Europe.

It explained that with SEPA Incoming Instant Payments, funds are transferred and made available in the recipient’s account in under 10 seconds, any time of day or year.

Unlike traditional SEPA transfers, which can take up to three days, this service ensures funds are immediately accessible, providing unmatched convenience and reliability for both individuals and businesses.

The Bank said that this milestone underscores the Bank’s commitment to deliver “innovative, customer-centric solutions, and its drive to enhance the customer experience with modern, reliable payment solutions.”

The launch is part of Bank of Valletta’s broader strategy to modernise its services and meet the evolving needs of its customers. The Bank said that businesses stand to benefit from improved cash flow and efficiency, while individuals enjoy the peace of mind that comes with real-time updates and instant access to funds.

For further details about SEPA Instant Payments, one may visit http://www.bov.com/ or contact the Bank’s Customer Service Centre on 356 2131 2020.

Photo: BOV

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