EPC July Rep(l)ay: Q2 2020 SCT Inst volumes’ update

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July 2020

We are glad to announce our new data on SCT Inst volumes whose estimated share increased to 6.47 % in Q2 2020. Also, we added more details to our interactive map: find out more on our homepage.

We trust you will enjoy reading the latest publications from the EPC!

Highlight July 1, 2020

SCT Inst transaction limit increases to 100,000 euros

As of 1 July, the SCT Inst transaction limit goes up from 15,000 to 100,000 euros. Convenient in particular for higher-value business-to-business and business-to-consumer transactions.

Read this article

Insight July 13, 2020

UK’s rollout of Confirmation of Payee

After a few years in development, a new Confirmation of Payee (CoP) system was rolled out last month by UK banks. Learn more about it in our newest article.

Brian Cunnington

Currently leading the implementation of Confirmation of Payee into the UK market



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	News July 14, 2020 Brexit from 1 January 2021 onwards: get ready for the end of the transition period We strongly encourage all PSPs to implement without delay the measures described in our newest article so that PSPs continue with a smooth processing of cross-border SEPA payments involving a UK-based SEPA payment scheme participant after 31 December 2020. Read this article



	Video July 1, 2020 Now the SCTInst transactions can go up to 100.000 euros! Check out our new video

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