SEPA Instant Credit Transfer (SCT Inst)

SEPA Instant Credit Transfer (SCT Inst) is a payment system that allows people and businesses in participating European countries to send and receive money instantly—24/7, anytime. When you send an SCT Inst, the transfer is processed within seconds, and the recipient's account is credited immediately, making it ideal for urgent payments or emergencies. It operates across the Single Euro Payments Area (SEPA), ensuring quick, secure, and seamless euro transactions between participating banks, regardless of the time or day.