ECB Brings One-Leg-Out Instant Transfers to TIPS and Revises T2 Pricing from July

The ECB Governing Council adopted Guideline ECB/2026/11 on May 4. The decision was published on May 22. The guideline incorporates the European Payment Council's One-Leg-Out Instant Credit Transfer scheme into TIPS from July 1, 2026.

The One-Leg-Out scheme enables SEPA Instant Credit Transfer processing for transactions where one counterparty is outside the SEPA zone.

The Governing Council approved revised T2/RTGS pricing on April 28, effective July 1. The revised fee structure increases fixed monthly charges for dedicated cash accounts.