Efficient Cash Management
Euro Express Elixir enables instant euro settlements within the Single Euro Payments Area (SEPA) on the TIPS (TARGET Instant Payment Settlement) platform and complies with the stringent standards of the SEPA Instant Credit Transfer (SCT Inst) scheme.
Euro Express Elixir for businesses
10
seconds or less takes execution of a euro transfer.
The sending and receiving of instant euro transfers between participating banks (under the SCT Inst scheme) within the SEPA area is carried out continuously throughout the year.
The service does not define a maximum value for a single transfer. The limit amount is determined individually by each bank.
Up to 13
months from the transaction date.
Possibility to request a euro transfer refund from the bank.
ISO 20022
under the SCT Inst scheme.
Payment messages are exchanged in accordance with applicable standards.