Important Notice - SEPA Instant Payments (PSD2)

Important Notice - SEPA Instant Payments (PSD2)

Following the introduction of SEPA Instant on 9^th January 2025 in relation to the virtually instant receipt of funds into Members’ accounts, from 1^st September 2025 SEPA Instant will be introduced for the payment of funds form Members’ accounts. The specifics of the SEPA Instant payments process is contained in our updated PSD2 Kilcock CU Framework Contract.