With Rebellion you can send and receive bank transfers to other banks in a matter of seconds.
This is possible because Rebellion is part of RT1, a payment infrastructure service that processes instant SEPA transfers (SCT Inst) on a pan-European level.
All transfers I send and receive will be instant?
From your Rebellion account, you can send free and instant bank transfers if these transactions are sent to a bank that belongs to the RT1 list that you can find below.
To receive instant transfers in your Rebellion account from another bank you will need to request the operation to be an “instant transfer (or equivalent in each bank)” and not just a normal transfer (this will be subjected to the availability and any charges that the sending bank has).
List of RT1 participants:
Banco Bilbao Vizcaya Argentaria
Banco Sabadell SA
Barclays Bank Ireland PLC
BNP-PARIBAS FORTIS SA
Crédit Agricole SA
Deutsche Bank AG
DEUTSCHE BANK AG - POSTBANK BRANCH
HSBC CONTINENTAL EUROPE IRELAND
HSBC CONTINENTAL EUROPE The NETHERLANDS
J.P. Morgan AG
LA BANQUE POSTALE
Latvijas Banka - Bank of Latvia
Lietuvos Bankas - Bank of Lithuania
PFS CARD SERVICES IRELAND LIMITED
Raiffeisen Bank International AG
Revolut Payments UAB
Santander Consumer Bank AG
TransferWise Europe SA NV
Triodos Bank N.V. Deutschland
Verse Payments Lithuania, UAB
If you want to see the full list of financial institutions that belong to RT1, you can do it here
What happens if I want to send or receive a transfer from a financial institution that does not belong to RT1?
Don't worry, the funds will reach the destination account but will take the estimated time of a non-instant transfer: maximum 2 working days if the transfer is outgoing from the Rebellion account or maximum 3 working days if the transfer is incoming to the Rebellion account.
Source: EBA CLEARING