Payment Type |
SWIFT |
Local |
Cutoff (UK Time) |
2:30 pm |
2:00 pm |
Delivery time |
0 days |
0 days |
Payment Scheme |
TARGET2 (EUR to any Eurozone country and Croatia, Bulgaria, Denmark, Poland and Romania) |
SEPA Credit Transfer (SCT) * |
Maximum payment size |
No limit |
€100,000 (SCT Inst) |
Destination |
Any (excluding sanctioned) |
SEPA countries |
Traces |
Yes |
No |
Recalls |
Yes |
No |
Ultimate payer displayed? |
Yes |
Yes |
* Please note, for payments where the beneficiary bank is connected to SCT Inst and the payment is below €100,000 the payment will be automatically routed via SCT inst. If the beneficiary bank is not Inst-reachable, the payment will be sent as a SCT.