Instant bank-to-bank transfers coming
Banks will soon have the ability to transfer between other banks within an instant under new technology changes.
“It’s been in development for about two years, it’s a multi-million dollar investment and what it will allow is… it [money] will transfer in a matter of seconds. For customers, that’s an incredible improvement in convenience in banking,” Anna Bligh, Australian Bankers Association CEO told 6PR Breakfast.
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