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

An article by

Dr. Martin Berger

Published on


Updated on


Reading time

3 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:

  • The European Central Bank offers the Target Instant Payment Settlement (TIPS) service for this
  • The EBA Clearing offers the RT1 service for this

Software solutions for processing SEPA SCT Inst Credit Transfer

Among other things, we offer with CPG.instant a high-performance, tailor-made software solution for processing SCT Inst Credit Transfers, which allow a bank or company to flexibly connect one or more core banking systems or booking systems and to clear SEPA Instant Credit Transfers accordingly via interfaces to TIPS or RT1.

If you have any questions, suggestions or interests about payment transactions for SCT Inst Credit Transfer or about our software products, please do not hesitate to contact us!

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