Knowledge graph · Domestic instant rail

FAST / EFT

Instant credits via FAST for eligible amounts; EFT covers standard interbank transfers.

Settlement family

Domestic instant rails

Indicative speed

Real-time to same-day

Documented markets

1 market

Family timing

Real-time on eligible rails, around the clock

Using FAST / EFT for business payments

Instant rails are the right choice when the beneficiary needs cleared funds now — urgent supplier releases, same-day payroll corrections, or paying a clearing agent holding your goods. Credits are typically irrevocable within seconds, which cuts both ways: delivery is certain, but so is a mistake. Validate the beneficiary name against the account before sending, and treat any request to redirect an in-flight payment as a fraud signal.

Where this rail is documented

How the rail operates in each market, per the corridor dataset.

TurkeyReal-time to same-day

Instant credits via FAST for eligible amounts; EFT covers standard interbank transfers.

Corridors funded over this rail

Business corridors starting in markets where this rail is documented.

Frequently asked questions

What kind of rail is FAST / EFT?

FAST / EFT is classified as a domestic instant rail in the KeyBS Pay dataset — part of the domestic instant rails settlement family (real-time on eligible rails, around the clock).

How fast is FAST / EFT?

Its documented indicative speed is "Real-time to same-day". Speeds describe how the rail is documented to operate; end-to-end timing on any cross-border payment is route-dependent.

Where does FAST / EFT operate?

The dataset documents it in Turkey. Availability on a specific payment is confirmed per quote.

From reference data to an executable quote

This page is reference metadata — availability is route-dependent. A KeyBS Pay quote shows the committed rate, disclosed fee and exact receive amount before you approve anything.

Request a Quote

Reference metadata computed from the KeyBS Pay corridor dataset. Speeds are indicative and rail-dependent; availability on a specific payment is route-dependent and confirmed per quote. Also available via the free Knowledge API.

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