SCT Inst: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Add example. Source: The Treasurer, April 2018, p23.)
imported>Doug Williamson
No edit summary
Line 15: Line 15:


== See also ==
== See also ==
* [[Faster Payment Service]]
* [[Faster Payments Service]]
* [[Instant Credit Transfer Scheme]]
* [[Instant Credit Transfer Scheme]]
* [[Real-time Payment]]
* [[Real-time Payments]]
* [[RT1]]
* [[RT1]]
* [[SEPA credit transfer]]
* [[SEPA credit transfer]]
* [[SEPA direct debit]]
* [[SEPA direct debit]]
* [[Single Euro Payments Area]]
* [[Single Euro Payments Area]]

Revision as of 15:06, 7 April 2018

Single Euro Payments Area (SEPA).

SCT Inst is SEPA's Instant Credit Transfer Scheme.


Instant payments for corporates?

"... in a live proving exercise a [UK] Faster Payment valued in the tens of millions of pounds was sent and received.
In comparison, SCT Inst has started with a EUR 15,000 limit, and the US Real-time Payments System caps transactions at USD 25,000."
The Treasurer magazine, April 2018, p23 - In Search of the Tipping Point.


See also