Local bank transfer on Relai
- Our rating
- 4.5
- Offered in
- 6 countries
- Type
- Domestic bank rail
- Rail reviewed
- 2026-08-18
- Review updated
- 2026-08-12
Yes. Relai takes Local bank transfer in 6 of the 39 countries we rank it in: Czech Republic, Hungary, Liechtenstein, Norway, Romania and Switzerland. Instant rails settle in seconds, and the ECB requires euro instant credit transfers to reach the payee within ten seconds, 24 hours a day, 365 days a year, while older batch transfers still take one or two business days. By reach it is third of the 3 rails on our record for Relai; SEPA transfer is offered in more countries.
What Local bank transfer is
A local bank transfer moves money between two accounts inside a single country's own payment system, with no correspondent bank and no currency conversion. The scheme is national and different everywhere: SEPA credit transfers and SEPA Instant in the euro area, FedNow and ACH in the United States, Pix in Brazil. The BIS counts fast payment systems live in more than 100 jurisdictions, and the FedNow Service, operated by the Federal Reserve since July 2023, runs a 24 hour business day every day including weekends and holidays. For someone funding an exchange in their own currency this is normally the cheapest option.
- Speed
- Instant rails settle in seconds, and the ECB requires euro instant credit transfers to reach the payee within ten seconds, 24 hours a day, 365 days a year, while older batch transfers still take one or two business days.
- Cost of the rail
- Domestic transfers are free or close to free for consumers in most countries, and in the euro area the Instant Payments Regulation forbids charging more for an instant credit transfer than for a standard one.
- Limits
- The scheme ceiling is usually far higher than what you can actually send, because your own bank applies its own lower per transfer and daily limits on top of it.
Where Relai offers Local bank transfer
Each country opens the Relai page for that market, with its rank there and every rail it takes. The number is Relai's rank in that country's guide.
Czech Republic
Hungary
Liechtenstein
Norway
Romania
SwitzerlandNamed locally as Koruna bank transfer, Forint bank transfer, Swiss franc bank transfer (CHF), Bank transfer in kroner, Lei bank transfer (RON).
What Local bank transfer costs on Relai
Purchases run on SEPA and SEPA Instant bank transfers.
Other ways to pay on Relai
2 other rails at least one country we rank Relai in uses, widest reach first.
Frequently asked questions
Does Relai accept Local bank transfer?
Yes, in 6 of the 39 countries we rank it in: Czech Republic, Hungary, Liechtenstein, Norway, Romania and Switzerland. By reach it is third of the 3 rails on our record for Relai; SEPA transfer is offered in more countries. Support is decided market by market, so the country pages linked here are the exact list.
In which countries can I use Local bank transfer on Relai?
Czech Republic, Hungary, Liechtenstein, Norway, Romania and Switzerland, from our country guides reviewed between 2026-08-12 and 2026-08-20. Locally it appears as Koruna bank transfer, Forint bank transfer, Swiss franc bank transfer (CHF), Bank transfer in kroner and Lei bank transfer (RON).
How long does a Local bank transfer deposit take on Relai?
Instant rails settle in seconds, and the ECB requires euro instant credit transfers to reach the payee within ten seconds, 24 hours a day, 365 days a year, while older batch transfers still take one or two business days. That describes the rail itself; Relai may hold a first deposit for longer while it verifies your account.
What does Local bank transfer cost on Relai?
Domestic transfers are free or close to free for consumers in most countries, and in the euro area the Instant Payments Regulation forbids charging more for an instant credit transfer than for a standard one. On Relai's side: Purchases run on SEPA and SEPA Instant bank transfers.
Are there limits on Local bank transfer deposits?
The scheme ceiling is usually far higher than what you can actually send, because your own bank applies its own lower per transfer and daily limits on top of it. Any limit Relai applies on top is set per account tier and shown inside the platform.