{"id":11498,"date":"2018-08-28T13:23:27","date_gmt":"2018-08-28T11:23:27","guid":{"rendered":"https:\/\/archief.betaalvereniging.nl\/?page_id=11498"},"modified":"2024-07-12T16:49:08","modified_gmt":"2024-07-12T14:49:08","slug":"instant-payments","status":"publish","type":"page","link":"https:\/\/archief.betaalvereniging.nl\/en\/focus\/giro-based-and-online-payments\/instant-payments\/","title":{"rendered":"European Instant Payments"},"content":{"rendered":"

Instant Payments: immediate and 24\/7 SEPA credit transfers between EU bank accounts<\/p>\n

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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.<\/p>\n<\/div><\/div>

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\nAn 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.<\/strong><\/p>\n

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\nInstant Payments can be made at any time of the day, every day of the year, also during weekends, on public holidays and at night.<\/strong><\/p>\n

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Instant Payments are based on the European SCT Inst payment scheme, covering all EU banks from 2025 onwards.<\/p>\n

Dutch Instant Payment transaction volumes make them the \u2018de facto\u2019 standard for credit transfers in the Netherlands.<\/p>\n

For more information, take a look at our Instant Payments infographic<\/a>or watch the video below.<\/p>\n

Frequently Asked Questions<\/a><\/p>\n

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