SCT Inst: Difference between revisions
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* [[SEPA direct debit]] | * [[SEPA direct debit]] | ||
* [[Single Euro Payments Area]] | * [[Single Euro Payments Area]] | ||
[[Category:Cash_management]] | |||
Latest revision as of 10:56, 11 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.
