SEPA Instant Credit Transfer
SEPA Instant Credit Transfer rulebook and implementation guidelines
SEPA Instant Credit Transfer options
09 April 20
New version of the Clarification Paper on SCT and SCT Inst
Today the European Payments Council (EPC) published the version 1.5 of the clarification paper on Single Euro Payments Area (SEPA) Credit Transfer (SCT) and SEPA Instant Credit Transfer (SCT Inst) rulebooks. The paper applies to the current applicable 2019 SCT and SCT Inst rulebooks and provides gui
20 May 20
SCT Inst scheme gaining further traction in Europe
November 2017 marked a major event in an increasingly instant world: the launch of the Single Euro Payments Area (SEPA) Instant Credit Transfer (SCT Inst), which enables credit transfers in ten seconds – or less – across the SEPA. Two and a half years on, the scheme has grown significantly, and the
Register of Participants
24 November 20
Results of the EPC poll on future share of SCT Inst volumes
November 2017 marked a major event in an increasingly instant world: the launch of the Single Euro Payments Area (SEPA) Instant Credit Transfer (SCT Inst), which enables credit transfers in ten seconds – or less – across the SEPA. Since its launch, the SCT Inst scheme has kept on growing, and the la
01 July 20
SCT Inst transaction limit increased to 100,000 euros
As of today, the maximum amount per SEPA Instant Credit Transfer (SCT Inst) transaction went up from 15,000 to 100,000 euros. Payment end-users can use the SCT Inst scheme in higher-value business-to-business and business-to-consumer transactions. This new transaction limit means additional freed
What is a payment scheme?
Participating in the schemes
SEPA Instant Credit Transfer Scheme Customer-to-PSP Implementation Guidelines 2021 version 1.0
What we do
Contributing to the future of payments in Europe
Evolution of the EPC payment schemes
05 March 20
Publication of the updated 2019 EPC SEPA payment scheme rulebooks
Updated 2019 rulebook versions for the SEPA Credit Transfer (SCT) scheme, the SEPA Instant Credit Transfer (SCT Inst) scheme, the SEPA Direct Debit Core (SDD Core) scheme and the SDD Business-to-Business (SDD B2B) scheme have been published on 5 March 2020. The updated versions are in force from 1 A
SEPA goals and benefits
SEPA Credit Transfer rulebook and implementation guidelines
Clearing and Settlement Mechanisms
SEPA Credit Transfer public consultation
SEPA Credit Transfer
SEPA Credit Transfer Scheme Customer-to-PSP Implementation Guidelines 2021 version 1.0
SEPA Credit Transfer Additional Optional Services
09 September 20
EPI: towards a new European payment solution?
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. In early July a group of major European banks announced the launch of the European Payments Initiative (EPI) with the aim of creating a unified payment solution for co
03 November 20
Brexit reminder: how to get ready for the end of the transition period
As of 1 January 2021 the United Kingdom (UK) is set to leave the single market and customs union, either with an European Union (EU) - UK deal, negotiated during the transition period, or without it (i.e. "no-deal" Brexit). The UK will at that point maintain participation in the Single Euro payments
29 January 20
The payment landscape of Luxembourg
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. We continue our series of European payment landscapes with a profile of Luxembourg, which is characterised by the highest banking internationalisation rate in Europe a