Single Immediate Payment: Difference between revisions
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imported>Doug Williamson (Mend link.) |
imported>Doug Williamson (Mend link.) |
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* [[Real-time Payments]] | * [[Real-time Payments]] | ||
* [[ | * [[Single Euro Payments Area]] (SEPA) | ||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
Revision as of 05:57, 27 June 2022
Immediate payments - UK - Faster Payments Service.
(SIP).
Single Immediate Payments are used primarily for ‘attended’ payments initiated by customers using channels such as internet, mobile or telephone banking, where the customer wants the payment to be effected immediately.
The paying customer must be advised of the fate of the payment in near-real-time at the time of payment submission.
