SCT Inst

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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