AI / ML Ops | Digital Transformation | Product Strategy | Technology Strategy | Open Finance | Payment & FX SME - Moving Money
Interesting cross border use cases can be achieved with this flow. #kudos to EBA
EBA CLEARING will deliver a One-Leg Out Instant Credit Transfer (OCT Inst) Service in the RT1 System for November 2024. “We are pleased to develop the RT1 OCT Inst Service at the request of our users, so they can leverage existing building blocks and investments for their cross-border transactions. RT1 OCT Inst will provide our users with an easy and convenient way to re-use their instant payment rails for international payments," says David Renault, Head of SEPA Services at EBA CLEARING. Read more https://lnkd.in/dk8s2JDA