SEPA Credit Transfer
SEPA Instant Credit Transfer
28 November 23
The EPC One-Leg Out Instant Credit Transfer (OCT Inst) payment scheme goes live
Brussels, 28 November 2023 - As of today 08h00 CET, the new payment scheme of the European Payments Council (EPC) designed for international instant credit transfers is ready for use. The launch of the OCT Inst scheme marks a significant development for the EPC as it is the EPC’s first venture outsi
27 October 22
New entry-into-force time of the 2023 EPC SEPA Instant Credit Transfer rulebook preceded by a SEPA-wide downtime period
Today, the European Payments Council (EPC) has published version 1.1 of the 2023 EPC SEPA Instant Credit Transfer rulebook and related document on the SCT Inst maximum amount. This rulebook version replaces with immediate effect version 1.0 of the 2023 SCT Inst rulebook published in May 2022. It hig
25 May 23
One-Leg Out Instant Credit Transfer scheme – enabling faster payments between SEPA and the rest of the globe
On 28 March 2023, the European Payment Council (EPC) published the first version of its One-Leg Out (OLO) Instant Credit Transfer (OCT Inst) scheme rulebook. This new scheme allows payment service providers (PSPs) to handle the Euro Leg of an international cross-border and/or cross currency (instant
10 February 22
One-Leg Out: enhancing international euro credit transfers between SEPA and the rest of the globe
On 18 January, we launched a 90-day public consultation on the [Instant] Euro One-Leg Out Credit Transfer ([Inst] Euro OCT) arrangement rulebook. It aims to facilitate the processing of international (instant) credit transfers in euros between SEPA and non-SEPA countries. We interviewed the drafter
15 December 21
SEPA Request-to-Pay (SRTP) Scheme - A new driver for innovation in European payments
The Single Euro Payments Area (SEPA) Request-to-Pay (SRTP) scheme managed by the European Payments Council (EPC) covers a set of operating rules and technical elements (including messages) that allow a Payee to request digitally the initiation of a payment from a Payer in a wide range of physical or
SEPA Credit Transfer Rulebook - Public Consultation Document on 2024 Change Requests and Response Template
Public consultation on the SEPA Request-to-Pay scheme Rulebook change requests
SEPA Direct Debit Core Rulebook - Public Consultation Document on 2024 Change Requests and Response Template
29 March 22
The European Payments Council's 20th anniversary: the transformation of the European payments landscape
This year is very special for the European Payments Council (EPC), which celebrates its 20th anniversary. To mark this occasion, we have interviewed Javier Santamaria, who has been active within the EPC since its creation in 2002 and became Chair in June 2012. We wanted to hear his thoughts on Europ