On 27 October 2022, the European Payments Council (EPC) published the version 1.1 of the 2023 Single Euro Payments Area (SEPA) Instant Credit Transfer (SCT Inst) rulebook. This rulebook version replaced with immediate effect the version 1.0 of the 2023 SCT Inst rulebook published in May 2022.
The only change compared to the version 1.0 was the amended entry-into-force time of the 2023 SCT Inst rulebook which was set at 03:30 CET on 19 November 2023 (instead of 08:00 CET communicated in the version 1.0 of the 2023 SCT Inst rulebook).
However, on 24 October 2023 the EPC decided to postpone the migration to the 2019 version of the ISO 20022 standard for all four SEPA payment schemes, from 19 November 2023 to 17 March 2024.
As a result of this decision, on 14 November 2023 the EPC published the version 1.2 of the 2023 SCT Inst rulebook. Version 1.2 replaced with immediate effect version 1.1 of the 2023 SCT Inst rulebook.