The RT1 System is a pan-European real-time gross settlement payment system for the execution of SEPA Instant Credit Transfers (SCT Inst) and One-Leg-Out Instant Credit Transfers (OCT Inst). The payment system operates around the clock on every day of the year.

RT1 SCT Inst is a pan-European instant payment service for euro transactions. Launched in 2017, the service reaches all PSPs adhering to the EPC’s SEPA Instant Credit Transfer (SCT Inst) Scheme. It offers a variety of options allowing scheme adherents to access the system in the way that best suits their needs.

2025年1月20日 · The criteria for participation in the RT1 System consist of necessary legal, technical and operational requirements to enable the processing of SCT Inst transactions, as well as funding and withdrawal of funds operations in TIPS.

With the introduction of TARGET Instant Payment settlement (TIPS) service from the European Central Bank on November 30th and the equivalent system Real Time 1 (RT1) run by the Euro Banking Association (EBA) we are facing some issues that we feel are either unclear, leave room for interpretation and/or discussion.

RT1 is a pan-European SEPA instant payment system. It is a privately financed system that started work in November 2017. The system owner and operator is EBA Clearing, a company owned by the banks that provide pan-European retail payment infrastructure. RT1 works in real time around the clock and around the year.

RT1 is a pan-European instant payment system that provides the European payments industry with a pan-European infrastructure platform for real-time payments in euro under the SEPA Instant Credit Transfer scheme.

2018年10月23日 · But with both EBA Clearing RT1 and The European Central Bank’s TARGET INSTANT PAYMENTS (TIPS) schemes competing for members, how can banks decide where to prioritize their resources and decide which to connect to?

2022年10月28日 · Credit institutions are participating in EBA Clearing instant payment system RT1. The system is operated by a separate legal entity, EBA Clearing, which has entered into instant payments agreements with member banks of the system.

2017年10月10日 · The pan-European infrastructure platform RT1 will be used for the 24/7 settlement of real-time payments in line with the SEPA Instant Credit Transfer (SCT Inst) Scheme of the European Payments Council (EPC). Together with 39 funding institutions, EBA CLEARING has been developing and implementing RT1 since April 2016.

2025年3月21日 · The RT1 OCT Inst Service leverages the RT1 System for real-time cross-border payments that have one euro leg inside and one leg outside the Single Euro Payments Area.