SEPA Instant Credit Transfer: Payments up to 100K€ in 10 secs

An article by

Dr. Martin Berger

Published on


Reading time

2 min

SEPA Instant Credit Transfer: Shortly explained

SEPA Instant Payments are available as SEPA Instant Credit Transfer (SCT Inst) for a good two and a half years and were developed by the European Payments Council. The core characteristics of this ultra-fast SEPA transfer procedure are as follows:

  • 10 seconds — the transferred amount should be booked on the recipient’s account within this period.
  • EUR 100,000 — the maximum limit of the transfer. With effect from July 1, 2020, this limit was raised from EUR 15,000.
  • 24/7/365 — Availability without downtime.
  • In SEPA countries — SCT Instant Payment should be offered in all countries of the SEPA area.
SEPA Instant Credit Transfer: Kerncharakteristiken

Core characteristics of SEPA instant payments

Clearing of SEPA Instant Credit Transfer

SEPA Instant Payments can currently be processed by financial institutions and payment service providers via two clearing networks:

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