What is SEPA Instant Credit Transfer? | European Merchant Bank

SEPA Instant Credit Transfer, also known as SEPA Instant Payment or SCT Inst, is a payment scheme that provides instant crediting for merchants and suppliers. The scheme is emerged upon the need for a pan-European payment system and harmonise the transactions in a single market for businesses.
SEPA Instant Payment allows a payee to receive Euro transactions in less than 10 seconds.

00:00 Intro
00:02 What is SEPA Instant Credit Transfer?
00:17 Is SEPA Instant Payment fast to make euro transactions?

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