In November 2025, the European Payments Council (EPC) published version 4.0 of the Questions and Answers document below which gives background information about the EPC’s drivers for launching the One-Leg Out Instant Credit Transfer (OCT Inst) scheme, the main features of the scheme, and the benefits of this scheme for payers, payees and payment service providers (PSPs) in Europe.
The changes to this document version primarily concern the possible impact of the amended SEPA Regulation on the OCT Inst scheme, whether the Verification Of Payee (VOP) scheme can be used for OCT Inst transactions, references to the EPC OCT Inst webinar held in May 2025, and statements by some stakeholders during that webinar about the efforts Euro Leg PSPs need to make to implement the OCT Inst scheme. The EPC will update this document whenever further clarification is needed.