EUR Payments:
The SEPA Instant Credit Transfer Scheme was introduced recently and went live in November 2017. With SCT Instant, depending on your financial institution, it takes 10-30 seconds to transfer funds from debtor to beneficiary accounts.

GBP Payments:
Sending money within the UK via Faster Payments usually takes less than two hours to clear in the recipient's bank account. Regardless of whether you are sending or receiving a faster payment, the money will clear by the end of the following business day at the latest.

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