N26 is one of the most popular neobanks in our country. It has gradually incorporated more and better functions that allow us to offer a wide range of services to satisfy all our needs. Among them, the possibility of sending money to other accounts instantly. We tell you how to do it.
Despite the changes that have been made in the banking sector in recent years, the time between ordering a transfer and the recipient receiving the amount remains one of the biggest opportunities for improvement. Fortunately, more and more banks are offering us the possibility of sending money instantly using different services, such as N26.
This neobank offers us three possible ways to do the same: MoneyBeam, Bizum or make use of immediate transfersWe tell you how each of them works.
MoneyBeam or Bizum
Bizum It is one of the services that many of us use the most to send money instantly to anyone else. With it, we can balance the bills for a dinner or pay the rent. In addition, it is increasingly accepted in all types of businesses, so we can also use it to complete all our daily tasks.
One of the advantages that this service offers us compared to transfers is that we only need to know the recipient’s phone number to send, receive and request money from immediately. Furthermore, as it is a system that is integrated into most of the banks in our country, its use is becoming increasingly widespread.
Along with Bizum, N26 also offers us the possibility of use MoneyBeam. This is a very similar service, but it is only available to contacts who also have an account enabled in this neobank. Sending money is very simple: select the “Send money” option, choose the contact from our list and then click “Continue”. In just a few seconds, the money will be sent to your bank account. will be available into the recipient’s account.
Immediate transfers
Finally, we come to immediate transfers. This is the most traditional option and allows us to deal with the classic waiting time that we have to endure when making normal transfers. However, they have a major handicap: the price.
N26 charges 1’99 euros for each immediate transfer we make. Although receiving them is free, it is advisable to know the price of the same to avoid problems. On the positive side, it is a fixed cost, regardless of the amount of money included in the transfer.
The particularity of this type of transfer is that they work 24 hours a day, every day of the year. So we don’t have to worry if it’s a holiday, a weekend or early in the morning. The recipient of the transfer will receive their money in just a few minutes at any time of the day.
To send money by immediate transfer, we have to click on the “Send money” button in our account, click on the “+” at the top and click on “Bank transfer”. Once we enter the recipient data, We can select the option of immediate shipping, after having accepted the relevant cost.
