Sparkasse Uckermark Customers: Confirm Changes for EU Real-Time Payments by Oct 5
Sparkasse Uckermark clients must confirm contractual changes by October 5th due to new EU regulations. The updates will enable real-time transfers across the European Economic Area (EEA). Clients must actively confirm the validity of their contract with the bank before the deadline. This is due to technical adjustments required in online banking, the Sparkasse app, and self-service devices. Starting October 5th, real-time transfers will be available around the clock at the cost of a standard transfer. Financial institutions will now check the recipient's name and IBAN to prevent errors and fraud. However, clients are responsible for releasing payments after the check, and the bank is not liable for wrong transfers. It's crucial to note that recipient checks are not possible for transfers to savings or credit accounts. Sparkasse Uckermark clients should promptly confirm their contractual adjustments to enjoy real-time transfers across the EEA. The bank's obligation to check recipient details and client responsibility for releasing payments remain unchanged.
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