1. Betaalvereniging Nederland
  2. Payments Association
  3. Giro-based paymentsSubmenu
  4. European Instant PaymentsSubmenu

Instant Payments: immediate and 24/7 SEPA credit transfers between EU bank accounts

Real-time transfer between two accounts at the same bank were common practice. With Instant Payments this real-time experience has been extended to transfers between accounts of different banks in the EU.


An Instant Payment credit transfer is processed within 5 seconds and the funds are directly available to the recipient, also when bank accounts are held at different banks.

 

 


Instant Payments can be made at any time of the day, every day of the year, also during weekends, on public holidays and at night.

 

 

Instant Payments are based on the European SCT Inst payment scheme, covering all EU banks from 2025 onwards.

Dutch Instant Payment transaction volumes make them the ‘de facto’ standard for credit transfers in the Netherlands.

For more information, take a look at our Instant Payments infographicor watch the video below.

Frequently Asked Questions

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