top of page

🚨 Instant transfers become free in France from today: a step forward, but beware of the risks!

  • Writer: Vincent Pollet
    Vincent Pollet
  • Jan 2, 2025
  • 1 min read

Free access to instant transfers is excellent news for streamlining transactions and simplifying our daily lives. However, this ease of use can also open the door to significant risks of scams and cyberattacks.


❌ No recourse in case of fraud.


Unlike traditional bank transfers, instant transfers are irreversible. Once the money is gone, it's impossible to reverse the transaction, even if you realize it was fraudulent. Scammers know this and exploit this vulnerability to act quickly.


⚠️ My recommendation:

1️⃣ Limit the use of instant transfers to absolutely trusted third parties.

2️⃣ Take the time to verify the bank details and the identity of the person before validating a transaction.

3️⃣ If a payment can wait, opt for a standard bank transfer.


💡 Sometimes, waiting or better planning brings more peace of mind. By postponing an expense, we not only gain security, but sometimes also perspective: what we desire becomes more precious and more carefully considered.






 
 
bottom of page