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Payment network · Instant payments · Europe (SEPA)

SEPA Instant Credit Transfer (SCT Inst)

Pan-European scheme for euro credit transfers that credits the beneficiary within seconds, around the clock. Launched in November 2017 and processed over multiple clearing infrastructures, including the Eurosystem's TIPS.

Type
Instant payments
Operator
European Payments Council (scheme owner)
Region
Europe (SEPA)
Currency
EUR
Launched
2017
Settlement model
instant, 24/7
Website
www.europeanpaymentscouncil.eu

Approximate reference data from public sources · seed-0.1 · 2026-08-28 · not real-time, not advice. See data & methodology.

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