With increasing payments digitization in Portugal, MB Way has become one of the most commonly used tools for fast and safe transfers. However, many users are unaware of the boundaries imposed by the platform, which can result in unexpected charges.
Few people know that while the application allows free transfers, there is a limit of monthly operations at no cost. Overcoming this limit may imply the payment of commissions by the user.
Boundaries that can go unnoticed
According to the service officer, MB Way allows up to 25 free transfers per month or a total amount of 150 euros. Whenever these values are exceeded, banks can apply commissions, which surprises many consumers.
Lack of attention can be expensive
Although this limitation is clearly defined, not all users are aware of these details. Many just realize the existence of fees when they have been charged.
There is a simple and effective alternative
There is, however, a legal and simple alternative that can avoid this type of situation. It is the use of the application of the bank itself instead of the official application of MB Way.
Using the banking app, it is possible to continue transfers to MB Way -associated mobile phone numbers without accounted for the monthly limit of the main application.
The process is practically identical to the usual. You just have to access your bank’s app, choose the option “Transfer by mobile number” or “MB Way”, enter the necessary data and confirm the operation.
Functionality Available at major banks
This method is already available in the applications of most major Portuguese banks, such as Caixa Geral de Depósitos, Millennium BCP, Santander and BPI, among others.
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Menus can vary slightly
It should be noted that, although each bank can have slight differences in the presentation of the menu, the functionality is widely implemented and accessible to most customers.
Recipient does not even notice the difference
The recipient of the transfer will not notice any difference, as it receives the money in the same way as if the operation had been done by the MB Way app. This makes the alternative even more appealing.
Ideal for those who make many small transfers
This tip proves especially useful for those who often use the service, especially for small transactions between friends, family or colleagues, typical of everyday life.
Despite being a trick known to some more attentive users, it remains little disclosed, which leads many Portuguese to pay unnecessary committees every month.
Banco de Portugal reinforces importance of digital literacy
Banco de Portugal has been warning of the importance of knowing the digital financial services used well, encouraging consumers to be informed about fees, limits and functionality.
Before using this method, it is advisable to check with the bank if there are other associated limitations or costs. As a rule, there are no commissions, but each institution can have different policies.
This simple solution can make a difference at the end of the month. Saving intelligently, you know the available tools well and know how to use them in favor of the user himself.
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