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News and resources on payments systems, innovations and initiatives worldwide.

SCT Inst transaction limit increased to 100,000 euros

Source: European Payments Council

As of today, the maximum amount per Sepa Instant Credit Transfer (SCT Inst transaction went up from 15,000 to 100,000 euros.

Payment end-users can use the SCT Inst scheme in higher-value business-to-business and business-to-consumer transactions.

This new transaction limit means additional freedom for payment end-users to pay and be paid in an instant, for example, for a large delivery or high-value service provided, make immediate payments to companies, public administrations and individuals or quickly correct a late payment.

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