Transfond

November 11th, 2024 - Revolut Bank launches instant payments - Press release
November 15th, 2024 - Smith&Smith Launches Instant Payments - Press Release
October 1st, 2024 - First Bank introduced the Instant Payments service - Press release
July 16th, 2024 - TechVentures Bank launches Instant Payments service - Press release

June 17th, 2024 - BRCI implements Confirmation of Payee and launches Instant Payments - Press release
April 8th, 2024 - Vista Bank launches Instant Payments - Press release
February 19th, 2024 - UniCredit Bank offers its customers SANB service - Confirmation of payee, developed by TRANSFOND - Press release
January 18th, 2024 - Alpha Bank Romania launches the SANB service in the Alpha Online Banking app - Press release
November 13th, 2023 - Alpha Bank Romania launches Instant Payments - customers can pay and receive money in a few seconds - Press release
May 17th, 2023 - BCR launches payments to phone numbers, through AliasPay, Press release
March 20th, 2023 - ING Bank Romania offers Instant Payments to its clients, accelerating the use of the service nationwide, Press release
November 24th, 2022 - Confirmation of Payee - a secure mechanism to prevent online fraud by verifying the identity of the real beneficiary of the payment - Press release
October 6th, 2022 - Instant Payments are spreading in the Romanian Banking system - Intesa Sanpaolo Bank has implemented the Instant Payments service - Press release
September 12th, 2022 - Instant Payments are expanding rapidly in the interbank payments market - starting today, BRD Groupe Societe Generale customers are able to pay and receive money in a maximum of 10 seconds. Details.
September 7th, 2022 - Raiffeisen Bank offers the fastest payment instrument under maximum security conditions - Instant Payments. Details
December 2nd, 2021 - The instant payments network is developing in Romania: PATRIA BANK offers Instant Payments to its customers. Details
August 9th, 2021 - Vista Bank became the fifth bank to offer Instant Payments to it's customers. Details
March, 18th, 2021 - Launch of AliasPay for financial service consumers in Romania. Details
September 24, 2020 - TRANSFOND facilitates the initiation of mobile phone payments for financial-banking institutions in Romania. Details
April 22nd, 2019 - Instant Payments are now a reality in Romania. Details
April 28th, 2017 - The electronic invoicing service expends in the leasing market, through the TRANSFOND - BT LEASING partnership. Details
October 13th, 2016 - e-Factur@ expends in the leasing market, through the TRANSFOND - IMPULSE LEASING partnership. Details
TRANSFOND, along with the Romanian Banking Association, launched, on April 11, 2016, the processing service for direct debt instruments in SEPA format (SEPA Direct Debit - SDD) for payments in national currency, thereby completing the Automated Clearing House - ACH Modernization Program, as well as the full preparation of the central infrastructure for interbank retail payment (except card payments) for the euro transition. Details
On June 23rd, 2015, ACHs join forces to optimize European clearing services. New company incorporated by six EACHA members (TRANSFOND, DIAS, Equens, Iberpay, ICBPI, KIR).Press release
December 13th, 2013 - TRANSFOND has launched a new service, for processing Euro payments. More...
November 5th, 2012 - TRANSFOND takes a first step in preparing the interbank payment infrastructure for the single currency standards. Details
June 2011 - TRANSFOND has signed an interoperability agreement with Equens, one of the largest European payment processors.
Details
May 25th, 2011 - TRANSFOND and Raiffeisen Bank, a partnership for the electronic invoicing service - e-Factur@. Details
May 6th, 2011 - The electronic invoicing service expands into the Romanian banking community by a TransFonD - Bancpost partnership. Details
May 13th, 2010 - The Automated Clearing House of the Electronic Payments System, SENT, has reported quantum leaps in terms of quality and massive cost cuts since its go live, exactly 5 years ago.
Details
July 1st, 2009 - TRANSFOND applies new fee cuts for the processing of payment instruments. Details
July 2009 - TRANSFOND has become a certified provider of electronic archiving services - e-Arhiv@ under Law 135/2007 on archiving documents in electronic format. Details
October 10th, 2008 - TRANSFOND launches the central system for debit instruments processing automation (cheques, bills of exchange and promissory notes). Details
April 10th, 2008 - The electronic processing of cheques draws to an end.
TRANSFOND announces the completion of a central system for automating the settlement of debt instruments (cheques, bills of exchange and promissory notes), which is to be made available to banks in Romania (for testing purposes). Details
May 13th, 2007 - TRANSFOND celebrates 2 years of electronic clearing of low-value payments. The go-live of SENT for low-value payments (less than RON 50,000), part of the Electronic Payments System, has brought about several major benefits compared to the manual processing of payments. Details
January 29th, 2007 - TRANSFOND cuts the level of fees by 5% for the processing of low-value payments via SENT.
TRANSFOND cuts the level of fees charged for the processing of low-value payment orders for the fifth time. Fees now stand at RON 0.61 per transaction in absolute terms.Details
February 9th, 2006 - TRANSFOND cuts the level of fees charged for the processing of low-value payments via SENT by 30%.
After a short period of time, on 1 March 2006, the level of fees charged for the processing of low-value payments via SENT will drop by 30 % compared to the previous stage. Details
July 14th, 2005 - TRANSFOND cuts by 33% the level of fees charged for the processing of low-value payments via SENT.
The go-live of SENT (electronic system for the net settlement of low-value payments) on 13 May 2005 brought about a 25%cut of the fees compared to the level charged to date in the paper-based fund transfer system. Details
June 30th, 2005 - Impact of introducing the “heavy leu” upon the Electronic Payments System.
All the components of the Electronic Payments System (EPS) are ready for processing interbank payments denominated in the new currency - RON. Details
May 13th, 2005 - 80% of the interbank payments generated by the Romanian economy became cheaper and faster.
Starting today, the second component of the Electronic Payments System – SENT has become operational, a component which will provide the automated processing of low-value payments (less than lei 500 million). Details
April 8th, 2005 - The Electronic Payments System goes live.
EPS implementation is completed after only two years since the project kickoff, a very short period of time for such a large scope project, an unprecedented achievement among EU candidate countries. Details

Press releases