Intesa Sanpaolo: one million instant bank transfers in six months

Milan, July 31, 2018 – As the first bank in Europe to test the EBA Clearing RT1 platform and among the first three Italian banks to make the service available in November 2017, Intesa Sanpaolo performed more than one million transactions via instant bank transfers in the first six months since this service was launched. The recorded value of these transactions amounts to more than €1 billion. The instant bank transfers, designed by the Intesa Sanpaolo Group to take place in a fully multichannel environment, are executed in a matter of seconds and enable the payee to receive funds immediately. Transactions are carried out 24/7 (including holidays).