SIBS takes Portugal to the forefront with pan-European instant payments
From today on, it will be possible to make pan-European instant payments, until now exclusive between national banks. The Instant Payments Solution platform from SIBS, launched in 2018 to ensure instant payments processing at national level, is now also providing these operations between European financial institutions. The service is available 24 hours a day, seven days a week, 365 days a year, ensuring that funds reach beneficiaries’ accounts in seconds. This system developed by SIBS allows Portugal to stand out among the SEPA zone markets.