By Opeyemi Quadri 
An instant transfer is a quick and easy way to send money between people or businesses, where the money moves almost immediately. Unlike regular bank transfers that can take a couple of days to go through, an instant transfer happens within seconds.
Example:
Imagine you want to send money to a friend who just paid for your lunch. With an instant transfer, as soon as you hit “send” on your banking app, your friend will get the money right away. It’s fast, so there’s no waiting around for a day or two like with regular bank transfers.