Digital, Innovation, Payments
Important note: no instant payments on 17 March from 03:00 AM to 03:30 AM
Published on 12 March 2024
The migration of the payment format to the 2019 version of the ISO20022 standard will take place on 17 March 2024 for all SEPA schemes, including SCTinst (SEPA Instant Payment). We would like to inform you that, in accordance with the EPC’s migration rules, SCT inst will be interrupted at SEPA level on Sunday 17 March 2024 for a period of 30 minutes, from 03:00 CET to 03:30 CET. This means that no instant payments can be sent or received during this 30-minute interruption period.
Summary
Galina Miroshnichenko
Adviser – Payments & Digital, ABBL
Published on 12 March 2024