Payment Anatomy
A SEPA Instant transfer from Germany to France
An instant credit transfer across the eurozone via the TIPS infrastructure, settled in under 10 seconds.
Payment instruction to payer bank
pacs.008 (ISO 20022)
Settlement confirmation
Credit notification to beneficiary
Fun Fact
SEPA Instant settles in central bank money (zero credit risk) in under 10 seconds, 24/7/365. Since October 2025, all EU PSPs must support it at no extra charge.