Since the beginning of June, a rumor, which has become viral on Tiktok, says that from October 16, 2025, any transfer greater than € 800 between individuals will be automatically blocked for 24 hours for verification of the tax administration. This message, widely shared, has aroused the concern of many Internet users, fueling the fear of an attack on the freedom to have its funds.
We reassure you right away: this assertion is based on a deformation of a real European banking reform, but whose scope and methods are very different from what circulates on social networks.
What does the new European regulations provide?
On March 13, 2024, the European Parliament adopted a regulation imposing on all banks and providers of payment services for the euro area to offer instant transfers in euros without additional expenses. But the real change expected for October 9, 2025 concerns the safety of payments: the obligation to introduce the system Verification of Payee (GTC).
What is the vop?
The VOP is a technical device which obliges the banks to verify, during the initiation of a transfer, the concordance between the name of the beneficiary seized by the issuer and the name associated with the IBAN of the recipient account. This verification applies to all transfers – whether instantaneous or not, between individuals or professionals regardless of the amount. There is therefore no No threshold of 800 euros, nor compulsory period of 24 hours.
The objective is to reduce the risk of error or fraud, by ensuring that the funds are not sent to a bad recipient following a typo or a scam. If an inconsistency is detected, the bank alerts the transmitter which can then correct or cancel the transaction. However, and contrary to what rumors suggest, the French banking federation and the Ministry of the Economy have formally denied any automatic blocking project of transfers greater than € 800 or systematic transmission of information to the tax administration. The new regulations do not provide for additional delay, compulsory suspension, or tax tracing of transfers between individuals.
The European regulation even specifies that verification must be carried out immediatelywithout delaying or unduly blocking payment. The customer remains free to validate or not his transfer after having been informed of a possible inconsistency between the name of the beneficiary and IBAN.
What to remember
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- No automatic suspension or 24 -hour blockage is provided for bank transfers, regardless of the amount, from October 2025.
- The European reform requires a verification of the beneficiary’s name for all transfers, in order to strengthen security and limit fraud.
- No systematic transmission to the tax administration, nor restriction on the speed of transfers is established by this text.
- Customers remain free to validate their operations or not after verification, without impact on the fluidity of payments.
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