How is Bizum different from instant transfers?

We'll show you the differences between these two transfer methods.
We provide a summary of the differences between Bizum and instant transfers:

Cost:

€1.25

Transfer time:

EU: 10 seconds.

*Although, in few cases, can take until 24h.

Available in online banking and the app:

Yes (24 hours a day, 7 days a week).

Amounts:

Minimum: €0.01

Maximum: 5,000€/day - 15,000€/month.

Banks:

The majority of national banks and foreigners associated with the SEPA field.

Cost:

€0

Transfer time:

Instantly.

*Not available for non-Spanish banks

Available in online banking and the app:

Yes

Amounts:

Minimum: €0.5

Maximum: €1,200/day - €5,000/month

Banks:

The majority of national banks and foreign banks associated with SEPA

Which banks belong to SEPA and enable immediate transfers?

The list of banks that are associated with SEPA is dynamic and includes different banks:

  • Abanca
  • Banco Santander (companies only)
  • Banco Sabadell
  • Bankinter
  • Bankia
  • Banca March
  • Banco Pichincha
  • CaixaBank
  • EVO Banco
  • IberCaja
  • ING
  • Kutxabank
  • Openbank
  • Triodos Bank