The Instant Credit Transfer ( Inst) scheme will officially start in November 2017, yet many payment stakeholders are already actively preparing for this launch, in particular in the infrastructure area.
The today publishes the list of the first Clearing and Settlement Mechanisms (CSMs) that have disclosed their intention of being fully compliant to process transactions:
In addition, one organisation, Sia, has announced its capacity to offer messaging services to SCT Inst-compliant CSMs.
Further information about the dates at which these organisations will provide services compliant with the SCT Inst scheme, as well as their oversight organisation, is available. This list will be updated as necessary.
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