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What is the Instant Payment (IP) service?
The Instant Payment (IP) service is a new feature that allows real-time fund transfers between different local banks, ensuring faster, more efficient transactions and enhanced reliability and security.
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When will the Instant Payment service be available?
The Instant Payment service will go live on September 9th, 2024.
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What are the benefits of using the Instant Payment service?
Benefits include immediate fund transfers, improved customer experience with quicker access to funds, and enhanced reliability and security, reducing delays and errors in transactions.
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Will there be any fees associated with the Instant Payment service?
No, there are no additional fees associated with the service at this time. However, changes become necessary, they will be communicated to all customers in the usual manner.
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How will I be notified about my transactions?
All transactions will be followed by a customized email alert detailing your activity, ensuring you are always informed.
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Will I need to reinstall my Republic Bank Mobile Banking App?
No, your app will update automatically. If you have manual updates enabled, go to the app store (Google Play or Apple Store) to download the update.