added
Specify the EUR payment rail
over 1 year ago by Charlotte Hassing
We have released a new functionality, which allows you to specify a payment to be executed as a SEPA Instant payment.
The new functionality has been introduced to reduce the rejection rate experienced by Banking Circle for outgoing SEPA Instant payments, when the beneficiary’s accounts is not enabled for SEPA Instant, even though their financial institution is reachable.
You can instruct payments specifically as SEPA Instant via the API, which will allow you to reap the benefits of instant payments, when possible, without risking high rejection rates, provided the beneficiary institution is reachable via SEPA Instant.
Read more about this new functionality in the Guide section describing our routing logic.