Luxembourg's banks start: Immediate transfers from 2026!

Luxembourg's banks start: Immediate transfers from 2026!

In the financial world, a lot is happening and Luxembourg plays an increasingly central role. From June 2026, customers of five large banks in Luxembourg, including the well -known Spuerkeess and Bil, can use the new digital wallet Wero. This was announced in a message from the European Payments Initiative (EPI), which now significantly expanded its portfolio. Regardless of whether you want to invest in Luxhub or just want to send money to friends or family in Belgium, France or Germany, Wero seems to be the solution.

Wero has set itself the goal of simplifying money transfers. It enables immediate and secure transfers both within Luxembourg and the neighboring countries. It is not only with simple transfers-also peer-to-peer payments, e-commerce and invoice accompaniment are part of the offer. The integration of Payconiq, which was taken over by the EPI in 2023, is also on the agenda, and with the planned complete implementation by September 2026, payment transactions in the region will change significantly.

technical integration and international ambitions

The technical implementation of Wero is carried out in cooperation with the company Luxhub specializing in FinTech. This partnership will be of great importance, especially since about half of the employees in Luxembourg come from abroad. The relevance of this development for the Luxembourg financial center could hardly be greater.

In addition, Wero is also planning an expansion to the Netherlands in order to offer even more customers a simple and quick solution for money transfers. These ambitions are part of the larger vision of the EPI, which is supported as a joint project by 14 large banks and the two largest payment service providers in Europe. A new, efficient payment system is to be created that could revolutionize the European payment landscape.

Initiatives such as Europe, which drive cross -border mobile transfers in southern Europe, show that you pull together across Europe. Users in Italy, Spain and Portugal already benefit from immediate peer-to-peer transactions about their usual national apps. By June 2025, all participating banks in these countries will be connected, which could further increase the range and performance of the digital payment methods.

Developments around Wero and the EPI are not only a step into the future, but also a great opportunity for consumers and companies to transfer money easier and faster. It remains exciting to see how the European payment landscape is developing and what options will arise for users.