From 3-day wait to per second transaction: How do bank transfers work?

4 hours ago 3
 Nairametrics]

When a bank transfer is initiated through NIP, the request is sent instantly to the recipient’s bank, and funds become available almost immediately. It performs the traditional clearing and settlement functions within seconds.

The post From 3-day wait to per second transaction: How do bank transfers work? appeared first on Premium Times Nigeria.

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