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Glossary termPublished inIPR

Instant credit transfer

What does "Instant credit transfer" mean under the Instant Payments Regulation?

A credit transfer which is executed immediately, 24 hours a day and on any calendar day

Defined in / by

Last updated: 22 August 2026.

Regulations

  • Instant Payments Regulation (IPR)

    The Instant Payments Regulation is Regulation (EU) 2024/886, which amends the SEPA Regulation. Euro-area banks have had to send instant euro credit transfers and offer Verification of Payee since 9 October 2025. Payment institutions and e-money institutions have until 9 April 2027. Daily sanctions screening replaced in-flight screening on 9 January 2025.

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