Instant Payments are transfers in euro within Europe (the so-called SEPA area) that are credited to the account of the beneficiary within a few seconds. Every day of the week and at any time of the day. Even at night, during weekends and bank holidays!
"},"title":"What are Instant Payments?"},{"richBody":{"value":"No. You do not need to activate your account or card for Instant Payments. If you receive a message to activate or enable Instant Payments this is very likely an attempt at fraud.
"},"textLinks":[{"text":"Recognize and prevent fraud","url":"/en/bank/safe-banking"}],"title":"Do I need to activate Instant Payments?"},{"richBody":{"value":"Transfers in euro within the Netherlands via My ING and the ING App are automatically executed as Instant Payment if possible. In this case you will see on the transfer screen that the money is received 'Instantly' in the receiver's account.
In case of planning a transfer with an execution date in the future or a standing order, it is possible to choose 'Instantly' (instant payment) or 'Within a business day' (as a regular European Transfer). We advise only using the Instant Payment option for scheduled payments if the money needs to arrive exactly on the planned day(s), also on weekends or bank holidays. It is not possible to choose a time of processing.
For transfers in euro to a bank outside The Netherlands but within Europe (the so-called SEPA area), it is possible to choose 'Instantly' (Instant Payment) or 'Within a business day' (as a regular European Transfer).
It is also possible to have batch payments (Verzamelbetaling) processed as Instant Payment by indicating this during upload of your batch payment file.
No. Instant Payments are always transfers in euro. See International payment (Wereldbetaling) for transfers in other currencies.
"},"textLinks":[{"text":"International payment","url":"/en/business/payments/international-payments/international-payment"}],"title":"Can I transfer foreign currency via Instant Payments?"},{"richBody":{"value":"There is no extra charge for an Instant Payment compared to a regular SEPA Credit Transfer (Europese Overschrijving).
"},"title":"How much does an Instant Payment cost?"},{"richBody":{"value":"A payment will not be processed as an Instant Payment in the following situations:
the beneficiary’s bank does not participate in Instant Payments;
the beneficiary’s account is currently redirected by a switch service to a bank that does not participate in Instant Payments;
Instant Payments can’t be made due to a technical problem or maintenance at a participating bank;
You did not choose instant processing for a euro transfer outside the Netherlands or for a scheduled or recurring transfer.
If a transfer is sent as an Instant Payment but fails, we’ll let you know as follows:
on-screen error message and/or;
inbox message and/or;
Credit return booking (debit booking immediately followed by a credit booking stating the reason for rejection)
If a transfer fails with reason 'Cannot be transferred instantly’ or ‘Timeout’, you can use the 'Resend’ button to send the money as a regular European money transfer with a maximum processing time of one business day. Check your transactions first to make sure the amount hasn’t been debited.
"},"title":"Why wasn't my transfer processed as an Instant Payment?"},{"richBody":{"value":"It could take us more than a few seconds to carry out the checks required by laws and regulations on transactions to and from other countries.
In that case:
we'll reject the transaction;
we'll state as a rejection reason that the transaction could not be processed instantly;
nothing will be debited/credited to your account;
for incoming payments that ING rejects you are not notified. It is up to the payer or their bank whether they will retry as a regular, non-instant transfer;
for outgoing transfers by ING customers that fail as an Instant Payment repeatedly, the transfer can be done as a regular, non-instant transfer using the ‘Resend’ option in My ING or the 'Try again' option in the ING App (from the on-screen error message or from the rejected payment in your Order overview).
Yes. When creating a standing order in My ING on the ING app, you can choose to process 'Instantly'. The payment can then be performed 7 days a week, 24 hours a day. Even if the execution date happens to be during the weekend or a bank holiday.
However, there is an important difference between an instant standing order and regular standing order in case of insufficient balance at the time of execution.
You will not receive a notification. In My ING and the ING App, you can find a rejected standing order in the 'Order overview' under 'Rejected orders'.
"},"title":"Can a standing order be processed as Instant Payment?"},{"richBody":{"value":"An debit or credit of an Instant Payment will appear on your electronic account statement (MT or CAMT file) with ING transaction code 00112. The file format of your electronic account statement does not change, only the transaction code is different for an Instant Payment. See Annex Transaction Codification and Reason Reversal Codes on our file formats page.
"},"textLinks":[{"text":"File formats and account statements","url":"/en/business/payments/paying/file-formats"},{}],"title":"How are Instant Payments reported in my electronic account statement?"},{"richBody":{"value":"A debit of an Instant Payment is shown separately on your monthly ING invoice business payments as 'SEPA Instant Credit Transfer'.
Debits of regular European credit transfers ('SEPA Credit Transfer') continue to be shown as 'Afschrijving'/'Debit'. The cost of a regular European credit transfer and an Instant Payment are the same.
For credits of Instant Payments transactions, nothing changes. These are still shown as 'Bijschrijving'/'Transaction' just like regular SEPA credit transfers.
"},"title":"How do Instant Payments appear on my ING invoice?"},{"richBody":{"value":"Yes. ING Wholesale Banking also offers the possibility to use Instant Payments.
All information is available on the ING Wholesale Banking page.
"},"title":"Is Instant Payments also available at ING Wholesale Banking?"}],"componentType":"accordion"},{"componentType":"linkList","iconTitle":{"title":"More about"}},{"componentType":"linkList","iconTitle":{"title":"Payments"},"textLinks":[{"text":"Accepting payments","url":"/en/business/accepting-payments"},{"text":"Executing payments","url":"/zakelijk/betalen/betalingen-doen"},{"text":"Cash withdrawal and deposit","url":"/en/business/payments/cash"}]}]},"hasMacro":false,"id":"e3611748-e555-44c3-b9fb-bf7f58ad8d97","localeString":"en-GB","mainHeaderZone":{"backLink":{"textLink":{"text":"Business payments","url":"/en/business/payments"}},"componentType":"productHeader","coreHeader":{"body":"Transferring or receiving money within seconds. 24 hours a day and 7 days a week. It's possible with Instant Payments!","headerImage":{"altTextDE":"\"\"","altTextEN":"\"\"","altTextFR":"\"\"","altTextNL":"\"\"","extension":"jpg","original":"https://assets.ing.com/m/5d6b127ccd9dc224/original/Co-workers-at-office.jpg","transformBaseUrl":"https://assets.ing.com/transform/68e6f858-f6f0-4bda-80b0-a2ed0d51f82d/Co-workers-at-office","type":"image","width":4896},"title":"Instant Payments"}},"publishDate":"2026-05-15T11:04:28.625+02:00"}}