While standard SEPA payments can take between one and two business days to reach the payee, SEPA Instant payments allow money to be transferred from one payment account e.g. current account to another, in euro, within 10 seconds, 24 hours a day, any day of the year, including bank holidays and weekends*.You will also get confirmation within 10 seconds of making a payment that it has been received by the payee.
*There are a few exceptions to this. For example, times when the Credit Union’s or payment service provider’s system might be unavailable due to planned maintenance. You will be notified of any scheduled downtime in advance.