What is SEPA Instant?

SEPA INST is a payments network in the EEA and some other countries (e.g. UK), and it is the future of SEPA SCT (regular SEPA payments). You can find a list of SEPA INST participating countries here: 

The main differences between SEPA Instant and regular SEPA payments are: 

1. Regular SEPA payments have 4 execution times during the day when payments are processed. SEPA Instant payments do not have cut-off times and can be executed at any time
2. Regular SEPA payments are processed from 8:00 – 18:00; payments are not processed after these hours. Regular payments are not processed during weekends and public holidays, while SEPA Instant payments are processed continuously without interruptions.