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SEPA Instant Credit Transfer

SEPA Instant Credit Transfer is an interbank payment scheme that enables euro transfers to execute in real-time, completing settlement within 10 seconds. Rerouting via participants' IBANs, it is active 24/7/365 across participating European Union states.

Aliases: SEPA Instant, SEPA SCT Inst

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IBAN (International Bank Account Number)

An International Bank Account Number (IBAN) is an internationally agreed system of identifying bank accounts across nati...

SEPA (Single Euro Payments Area)

The Single Euro Payments Area (SEPA) is a payment-integration initiative of the European Union that simplifies euro-deno...

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