Right after the official start of the European real-time payments infrastructure on 21 Nov, we executed our inaugural instant payment from Germany to Italy. The payment took exactly 2,5 seconds to be completed. This makes us the first bank to offer instant payments in Germany and the first bank to execute a cross-border instant payment in Europe. Our Group can now offer this new service to our customers in Italy and Germany only for inbound payments. Starting from 27 November 2017, after one week of live operation, outbound payments will be available in Germany. On 22 February 2018 outbound payments will be available in Italy too.