As Poslovni Dnevnik writes, Zagrebacka banka has introduced a new instant payment service for all its private and business users who have transaction accounts with the bank, and the new Zagrebacka banka instant payment service will be able to be used for up to a maximum of 100,000 kuna. Instant payments in Croatia can be made in the Croatian national currency (kuna), and can be carried out every day, including during weekends, over bank holidays and on public holidays.
Clients of Zagrebacka banka will thus be able to execute their transactions in almost real time, meaning in just a few seconds. Instant payments are made by online banking via a mobile application (m-zaba) and the Internet (e-zaba), through existing forms of Zagrebacka bank account, and then by checking the ”instant payment” option.
Filling out Zagrebacka banka instant payment orders will be exactly the same as it is with standard payment orders, and the payer can immediately see if their payment has been successfully completed and sent to the correct individual.
For example, if a client needs to pay money on Friday night to a person who has a transaction account with another bank, it would have been an issue owing to bank processing times. Until now, it would have been necessary to wait until Monday to see the money appear in the desired bank account.
Now, with the introduction of this new Zagrebacka banka instant payment service, the money heading for the recipient’s account will be available immediately. Payments are made through NKSInst, a national clearing system for instant payments developed by the Financial Agency (Fina) and approved by the Croatian National Bank (CNB/HNB).
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