SEPA & instant payments
The Single Euro Payments Area: SCT and SCT Inst lifecycles, R-transactions, scheme timelines, and Verification of Payee.
- 0110 MINSEPA: one euro payments areaWhat the Single Euro Payments Area is, who writes its scheme rulebooks, and why a euro payment works the same way from Lisbon to Helsinki.AFTER: Instruments, rails, and schemes
- 0215 MINThe SCT lifecycleHow one SEPA credit transfer travels from the debtor's instruction through clearing and settlement to the creditor's account — and what each hop does.AFTER: SEPA: one euro payments area · Clearing versus settlement
- 0315 MINSCT Inst: instant paymentsSCT Inst moves euros in seconds, around the clock — and changes what banks must do about availability, liquidity, timeouts, and certainty.AFTER: The SCT lifecycle
- 0415 MINR-transactions: reject, return, recallWhen an SCT does not go to plan: rejects before settlement, returns after it, and recalls where the sender's bank asks — and may be refused.AFTER: The SCT lifecycle
- 0510 MINSEPA timelines and reachabilityCut-offs, value dates, banking business days, and reachability: the clock rules that decide when a SEPA payment actually arrives.AFTER: The SCT lifecycle
- 0610 MINVerification of PayeeBefore a euro transfer is authorised, the payer learns whether the name and IBAN really belong together — how Verification of Payee works.AFTER: SCT Inst: instant payments
- 0713 MINSDD Core: payments that pullDirect debits reverse the arrow: the creditor collects under a signed mandate — and the money can come back.AFTER: SEPA: one euro payments area · Clearing versus settlement
- 0812 MINSDD refunds: money with a return pathEight weeks no-questions-asked, thirteen months if unauthorised — why collected money stays provisional, and what that does to operations.AFTER: SDD Core: payments that pull · R-transactions: reject, return, recall