One-Leg Out Instant Credit Transfer scheme: Difference between revisions
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*[https://www.europeanpaymentscouncil.eu/what-we-do/epc-payment-schemes/one-leg-out-instant-credit-transfer About the One-Leg Out Instant Credit Transfer | *[https://www.europeanpaymentscouncil.eu/what-we-do/epc-payment-schemes/one-leg-out-instant-credit-transfer About the One-Leg Out Instant Credit Transfer - European Payments Council] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
Latest revision as of 16:18, 20 January 2024
Single Euro Payments Area (SEPA) - European Payments Council (EPC).
(OCT Inst).
In the context of SEPA, one-leg out (OLO) means that only one of the two legs of a transfer is in euro.
The One-Leg Out (OLO) Instant Credit Transfer (OCT Inst) scheme enables international instant credit transfers where only one leg of the transfer is in euro.
See also
- Credit
- euro
- European Payments Council (EPC)
- Instant Credit Transfer Scheme
- One-leg-out payment
- PSD2
- RT1
- SEPA credit transfer
- SEPA direct debit
- Single Euro Payments Area (SEPA)
