Key features

  • Full compliance with SCT Inst Scheme, including validation
  • Transactions in RT1 are processed in real time and settled with instant finality
  • Transactions are executed in immediately available central bank funds
  • Protection by the Settlement Finality Directive to avoid credit risk
  • Based on SCT specifications, where possible, to support seamless co-existence and re-use of user-internal interfaces facilitating migration
  • Equipped with Fraud Pattern and Anomaly Detection (FPAD) functionality to support PSPs’ fraud prevention and detection efforts
  • Flexible architecture
    • RT1 is designed to evolve with user needs. Agile delivery of optional functionality has been supporting the ramp-up of instant payments.
  • Continuous investment driven by a country-neutral governance structure
  • Developed following a blueprint consultation with users and relevant stakeholders from all across SEPA
  • Various options for access and participation giving pan-European reach via one single connection