GLOBAL PAYMENTS KNOWLEDGEISO 20022 / SWIFT / SEPA / MT / MX
DOMAIN 05 / 8 TOPICS

SEPA & instant payments

The Single Euro Payments Area: SCT and SCT Inst lifecycles, R-transactions, scheme timelines, and Verification of Payee.

  1. 0110 MIN
    SEPA: 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
  2. 0215 MIN
    The 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
  3. 0315 MIN
    SCT 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
  4. 0415 MIN
    R-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
  5. 0510 MIN
    SEPA 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
  6. 0610 MIN
    Verification 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
  7. 0713 MIN
    SDD 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
  8. 0812 MIN
    SDD 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