Wholesale Banking

SEPA instant credit transfer

Enhance your cash flow efficiency with ING’s SEPA instant credit transfer. Available 24/7 and 365 days per year, our solutions enable fund transfers in as fast as 10 seconds, ensuring seamless transactions whenever you need them. With SEPA instant credit transfer, you can improve liquidity management and streamline financial operations across your entire organisation. SEPA instant credit transfer is based on the EU-regulated SEPA credit transfer scheme.

Extend business hours with 24/7 payment availability, ensuring instant transactions across any time zone, day or night

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Protect your transactions with strong customer authentication, adhering to PSD2 guidelines and fraud prevention best practices

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Gain real-time tracking for enhanced financial oversight, improving visibility and control over your transaction flow

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Your reliable solution for instant and secure payments

Optimised cash management and better cash flow

Real-time transactions provide precise control over financial resources and improve cash flow strategies.

  • Time-critical payments well under control

    Ensure timely execution of time-critical payments, such as payroll, urgent supplier payments, or emergency disbursements, with instant payments.

  • Enhanced supply chain

    Streamline your supply chain with instant settlements, reducing payment delays and fostering better collaboration with suppliers.

  • Unlock innovation opportunities

    Leverage instant payment capabilities, enable new services like digital wallets, just-in-time payments, and automated reconciliation solutions.

    • Offering excellent SEPA instant credit transfer services since 2019

    As a pan-European bank, ING has been offering this payment method from multiple countries since 2019.

    However, not all banks were onboard yet on the new payment method, which led to the Instant Payments Regulation (Regulation (EU) 2024/886) being enforced on April 8, 2024. Payment service providers (PSPs), including banks, must comply with the following deadlines:

    1. Receive SEPA instant credit transfers in euros: By January 9, 2025
    2. Send SEPA instant credit transfers in euros: By October 9, 2025

    This regulation ensures that SEPA instant credit transfers become an integral part of our financial landscape, offering faster and more efficient transactions. Even though the SEPA instant credit transfer was designed for the retail market, ING believes that in time it will become the new standard for most lower-value European payments.

    ING's SEPA instant credit transfer is available in the following countries:

    Country

    Incoming

    Outgoing

    Threshold incoming

    Threshold outgoing

    Austria *

    Yes

    Yes

    		Unlimited

    EUR 5.000.000,00

    Belgium

    Yes

    Yes

    EUR 100.000,00 **

    EUR 100.000,00 **

    France YesNo UnlimitedN/A

    Germany *

    Yes

    Yes

    		Unlimited

    EUR 5.000.000,00

    Italy *

    Yes

    Yes

    		Unlimited

    EUR 5.000.000,00

    Luxembourg *

    Yes

    Yes

    Unlimited ****

    		EUR 5.000.000,00

    Netherlands *

    Yes

    Yes

    Unlimited ***

    EUR 5.000.000,00

    Portugal *

    Yes

    Yes

    		Unlimited

    EUR 5.000.000,00

    Spain

    Yes

    No

    EUR 100.000,00

    		N/A

    *Sending SEPA instant credit transfers for Wholesale Banking clients is available via InsideBusiness Payments (IBP) with a maximum amount of EUR 5.000.000,00 per transaction, assumed that the beneficiary bank indicated that it allows higher amounts. If not, the default limit of EUR 100.000,00 per transaction is applicable.

    **Belgium Domestic SEPA Instant Credit Transfers have no maximum amount per transaction. Cross-Border SEPA Instant Credit Transfers have a maximum amount of EUR 100.000,00 per transaction. The limit of EUR 100.000,00 will be removed as of 9/10/2025, following the Instant payments regulation.

    *** For incoming cross-border transaction, the threshold is EUR 100.000,00.

    **** SEPA instant credit transfers to non-EUR accounts are currently limited to EUR 100.000,00.

     

    Accelerate your payments with ING

    Experience the speed, security, and control of SEPA instant credit transfer to optimise your cash flow and drive business success. 

    Contact your ING representative to know more. 

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