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October 2022
We are glad to announce that we have the first SEPA Instant Credit Transfer (SCT Inst) scheme participant from Croatia with a 1 July 2023 readiness date. SCT Inst will soon be present in 29 countries. Also, the estimated share of SCT Inst volumes in total SEPA Credit Transfer volumes increased to 13.29% in the third quarter of this year. The latest information regarding the SCT Inst can be found on our website.
This month we also published the new version of the 2023 SCT Inst scheme rulebook and implementation guidelines that has a new entry-into-force time which will be preceded by a SEPA-wide 30-minutes downtime period as well as the updated guidance document on the migration to the 2019 version of the ISO 20022-based XML messaging standard.
We trust you will enjoy reading the latest publications from the EPC.
Highlight
We are happy to announce our new poll on the most effective step(s) to make payments more sustainable.
The Nordic Payments Council: harmonising payments in the Nordics
What are the major projects on which the Nordic Payments Council is currently working? Answers to this and other questions can be found in our newest interview.
Earlier this year, the European Central Bank presented a report on accessibility to retail payments in the EU to the ERPB. Read more about it in our newest interview.
Kerstin Junius, Senior Market Infrastructure Expert in the Directorate Market Infrastructure and Payments, ECB
Karine Themejian, Deputy Head of the Market Innovation and Integration Division, ECB
News
New entry-into-force time of the 2023 EPC SEPA Instant Credit Transfer rulebook preceded by a SEPA-wide downtime period
Find out more about the new entry-into-force time of the 2023 SCT Inst rulebook which will be preceded by a SEPA-wide downtime period & the updated guidance document on the migration to the 2019 version of the ISO 20022-based XML messaging standard.
Around the web – a compilation of some interesting reports about payments published last quarter
Want to know more about the payments-related topics? During the third quarter of 2022, we have gathered a selection of interesting reports. Enjoy the reading!
