News about RTL Z.
February 4th, 2016
The European Central Bank is working on a system that would let consumers transfer money to each other based on a phone number or email address. “Immediately after transfer, the money is in the account of the receiver, regardless of the bank of the receiver or where he lives,” RTL Z reports. “Thanks to this system, you no longer have to remember your IBAN [international bank account] number or enter the recipient’s IBAN number.”