No more invoicing for instant transfers: the BNP Paribas bank has announced that this service will be free for all its customers who have subscribed to a free spirit offer.
Faced with instant transfers, not all banks are equal: if a handful of them – Crdit Mutuel Arka (Crdit Mutuel de Bretagne, Fortuneo, etc.), Boursorama Banque, La Banque Postale – offer it free of charge, the others banks still charge it, sometimes up to one euro per transaction.
An investment to satisfy customers
Good news for customers of BNP Paribas, the brand has also decided to join the free instant transfer movement. This new service will apply to subscribers of the Esprit Libre package, as reported in an article by things. That is just over 3.5 million customers in France. Instant payment flows are increasing rapidly among our customers, by around 60% over one year. Such a decision represents an important investment for us, but it is worth it for the satisfaction of our customers, explains to the things Marguerite Brard, Director of Commercial Banking in France (BCEF) at BNP Paribas.
Because in addition to their access to TIPS (Target Instant Payment Settlement), the settlement tool created by the European Central Bank, which costs around 0.002 euros per transaction, the instant transfer has a cost. This is an investment amounting to millions of eurosdeveloped Herv Denis, Head of the Offer, Back Office and Payment Means Innovation Department at Crdit Mutuel Arka, MoneyVox.
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The free instant transfer is not the only new service set up by BNP Paribas. The group is enriching its Esprit libre offer, with, for example, a digital life protection service. And from mid-October, a cashback offer will allow you to receive directly into your account a deferred reimbursement of part of your expenses made at major partner brands if these have been paid for with a BNP Paribas payment method.