What are the main differences between standard SEPA payments and SEPA Instant payments?

Payment type – Standard SEPA Payments

  • Speed: 1–2 business days
  • Availability: Business days – hours may vary
  • Notification: Not normally provided

Payment type – SEPA Instant Payments

  • Speed: Within 10 seconds
  • Availability: 24 hours, 7 days a week, 365 days a year
  • Notification: Real-time confirmation of receipt to
    payer