Instant Bank Transfers: New Rules from October 9

Elena Moccia
02/10/2025
Illustration of a money transfer between two smartphones: one hand sends a bank transfer and the other receives the confirmation.

From October 9, 2025, bank transfers in Europe will become faster and safer. That is when the new Instant Payments Regulation (IPR) comes into effect, setting rules that make instant transfers the standard across the European Union.

Imagine receiving an email from your trusted supplier. The design looks exactly the same as usual, the tone is professional, and it tells you that—for administrative reasons—you need to send the payment to a new IBAN. The message stresses urgency, because the deadline is close.
You log into your online banking, enter the details, and confirm the operation. In just a few seconds, the transfer goes through. But your supplier never receives the money. It has already ended up in an account controlled by cybercriminals.

Scenarios like this happen every day. The goal of the new regulation is to reduce these risks and restore trust in digital payments, making every transfer faster and more secure.

The Instant Payments Regulation

With this regulation, the European Union wants to make digital payments modern, accessible, and reliable. The aim is to ensure that instant transfers become the rule across Europe, with no extra costs compared to traditional ones, and that every citizen can rely on common, transparent standards.

The IPR also introduces stricter controls, such as daily checks on customers to ensure that no account holders are subject to financial sanctions. This step moves Europe closer to a payment ecosystem that is faster, safer, and fairer.

Key Changes

Mandatory instant transfers
All banks will be required to offer SEPA instant transfers to their customers. It becomes the standard, not an option.

Same cost as regular transfers
Fees for instant payments cannot be higher than those for traditional transfers.

Verification of Payee (VoP)
Before confirming a payment, the system will check in real time whether the IBAN and the beneficiary’s name match. The outcome will be clear: match, partial match, or no match.

More frequent checks
Banks must verify daily that their customers are not subject to financial sanctions. This system will not eliminate fraud completely, but it can save many individuals and businesses from critical mistakes.

Implementation Timeline

The new regulation includes a phased rollout, with different deadlines for countries and operators.

A turning point for security

Online fraud has become more and more sophisticated in recent years. Think about fake supplier scams: an email that looks genuine, asking you to send a payment to a new IBAN. A few seconds later, the money disappears.

With the new Verification of Payee, these situations will become much harder to exploit. Before confirming the payment, the system will flag mismatched details. It may not be perfect, but it can prevent many mistakes and financial losses.

What it Means for Businesses and Organizations

Behind this regulation lies a clear message: Europeans need trust when moving their money. Speed matters, but without security it becomes a weapon in the hands of criminals.
Every day, we all receive suspicious emails, misleading messages, and payment requests that look credible. Fraud continues to evolve, and awareness alone is no longer enough. Rules, checks, and technology are needed to protect savings and business continuity.
The IPR moves in that direction: making payments faster, accessible, and safer, while reducing fraud risks that can seriously harm both families and companies.

Practical Tips Before Making a Transfer

Even with the new rules, caution remains essential:

And for Qboxmail Customers?

Payments to Qboxmail have always been safe and reliable, regardless of the method used. The regulation coming into force on October 9 will not change this, but it will make the experience with SEPA transfers even faster and more transparent.

Our goal remains the same: to guarantee partners and resellers a simple, secure service in line with the best European practices.

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