With the public consultation on the SEPA Instant Credit Transfer (SCT Inst) scheme currently open, stakeholders planning to participate might have questions on the scheme, the public consultation itself, and the next steps until the scheme’s implementation.
To answer this need, the publishes Questions & Answers. The key features of the Inst scheme and the instructions for how to participate in the public consultation are explained in detail, as well as information regarding the clearing and settlement layer of the scheme (outside of the ’s scope), the role of the in the evolution of the scheme, and the future of Inst.
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