Instant SEPA works just like normal SEPA, but it’s incomparably faster. You can use it if you’ve verified an account on Qovex with one of the following as your country of residence: Germany, Estonia (only Sberbank), Lithuania, Finland, Great Britain, Spain, Luxembourg, Italy, France, or Netherlands. Support for more countries is coming soon.
Your bank also needs to be part of the Instant SEPA network. You can find the list of all the banks that support Instant SEPA here.
You can deposit any amount up to 100.000 EUR using Instant SEPA.
Please note that the first time you deposit from your bank account, using either regular or Instant SEPA, it may take up to a couple of hours. After that, all further deposits using Instant SEPA should be completed in just a few moments.