Version
v1.2

2019 SEPA Instant Credit Transfer rulebook version 1.2

In October 2020, the European Payments Council ( ) published the updated version 1.2 of the 2019 Instant Credit Transfer ( ) rulebook. The version 1.2 has no impact on the business and operational rules compared to the versions 1.0 and 1.1 of the 2019 rulebook, or on any specification in the related implementation guidelines.

The rulebook version 1.2 includes an update in the section 5.4 which mentions among others the relevant authorisation and regulatory requirements for Payment Service Providers ( ) from countries not belonging to the European Economic Area ( ), to which the geographical scope of the payment schemes has been extended.

An update to the section 5.4 is needed due to the inclusion of Andorra and the Vatican City State/the Holy See in the geographical scope of the payment schemes, and the ratification of the United Kingdom (UK) Withdrawal Agreement paving the way for the Brexit at the end of 2020.

The 2019 rulebook version 1.2 is in force from 1 December 2020 08:00 CET to 21 November 2021 08:00 CET. 

Annex IV of the 2019 rulebook version 1.2 lists all changes compared to the versions 1.0 and 1.1 of the 2019 rulebook.

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