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FinTecBuzz

by BusinessWire

Citi Launches SEPA Instant Payments in Europe

Citi Launches SEPA Instant Payments in Europe

May 5, 20224 min

Citi has announced the launch of Single Euro Payments Area (SEPA) Instant Payments in Europe, further increasing the bank’s global Instant Payments offering. The launch will provide clients with the ability to pay to and receive from 36 SEPA countries instantly. The offering allows SEPA Credit Transfers to be made within seconds, 24/7 and funds available to recipients immediately. Payments can be made to and received from SEPA Instant participating banks located anywhere within the...

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