The 2019 Instant Credit Transfer ( ) rulebook version 1.1 has been published on 5 March 2020 and is effective as of 1 April 2020 at 08:00 CET to and including 21 November 2021.
The document EPC023-16 sets the maximum amount per instruction that can be processed under the scheme based on the 2019 rulebook version 1.1. This document is referred to in section 2.5 of the rulebook and forms a binding supplement to the rulebook.
This document also gives the European Payments Council ( ) the possibility to adapt the maximum amount per instruction under the scheme outside the regular scheme rulebook release management cycle as defined in the Payment Scheme Management Rules of the rulebook.
In September 2019, the decided that the maximum amount an Originator can transfer via a single Instruction is set at 15.000,00 EUR until the beginning of July 2020. This amount is increased to 100.000,00 EUR as of 1 July 2020 at 08:00 CET.