Instant Payments are coming to NMCU!

With the introduction of Instant Payments Regulation in 2025, sending and receiving funds will be faster than ever.

SEPA Instant – is a payments scheme that lets you send and receive euro payments in under 10 seconds 24/7, 365 days a year!
From September, you’ll be able to send and receive money in real time. This means no more waiting for payments to clear – your money will move instantly when both banks support SEPA Instant Payments.

 

Important Information – Regulation 76

As part of this launch, we also want to make you aware of an important regulatory update.
Regulation 76, part of the EU’s payment services regulations, exists to protect you when making electronic payments.

With the rollout of SEPA Instant Payments, Regulation 76 has now been updated to cover instant payments as well.

To learn more about how Regulation 76 protects you, click here

If you would like more information please contact us today.

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