OverviewParticipantsStatisticsService documentation Overview 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. Key benefits of the service Offers pan-European reach and real-time gross settlement of payments in immediately available central bank funds Quickly evolves in line with user needs through frequent system iterations Is equipped with rich functionality meeting SCT Inst Scheme requirements and providing the flexibility to exceed them via closed user groups Provides participants with a single interface for transactions settling in RT1 SCT Inst, in TIPS, or across RT1 SCT Inst and TIPS Supports 24/7 liquidity management by the participants of their balances Offers value-adding Fraud Pattern and Anomaly Detection (FPAD) functionality, which helps PSPs combat fraud by contributing insights from a network view Allows participants to reach other SCT Inst Scheme adherents in RT1 via other SCT Inst CSMs connected to RT1 or otherwise via ECB reachability measures Offers different options to participants wishing to rely on other participants or on technical service providers for connectivity or liquidity services