Currencies and Schemes

Payments can currently be made via the following payment schemes. This will continue to expand as we add more banking partners to our platform.

Payment Scheme	Code	Currency	Supported Bank Countries	Limits	Settlement Time	Cut-Off Time
UK Faster Payments	`FPS`	GBP	U.K. (`GB`)	GBP 1M per payment	Usually Instant, but can take up to 2h 24/7/365	N/A
UK CHAPS	`CHAPS`	GBP	U.K. (`GB`)	No limits	2 - 3 hours (on business days only)	17:40 GMT/BST for same-day settlement (on UK Business Days)
SEPA Instant	`SCT`	EUR	All SEPA Countries. Limited to SEPA Instant enabled banks only.	EUR 100,000 per payment	Instant 24/7/365	N/A
SEPA Credit Transfer	`SCT`	EUR	All SEPA Countries	No limits	2 - 3 hours to 1 -2 days depending on the sending / receiving bank (on business days only)	14:00 GMT/BST for same-day settlement (on Business Days) SEPA Credit Transfers submitted after will settle on the following Business Day.
WIRE (International)	`INTERNATIONAL_WIRE`	USD	All except sanctioned countries	No limits	Usually 3-5 working days depending on destination country
WIRE (Domestic)	`WIRE`	USD	US	No limits	Transaction will be settled within minutes - usually within one business day
ACH Next Day	`ACH`	USD	US	No limits	Next working day
ACH Same Day	`ACH_SAME_DAY`	USD	US	No limits	Transaction will be settled based on the window it was sent in
EagleNet (Transfers between 2 Fiat Accounts in the same currency)	`EAGLE_NET_TRANSFER`	All Available Currencies (AUD, EUR, GBP, USD)		No limits	Instant 24/7/365	N/A
Direct Entry	`DE`	AUD	All except sanctioned countries	$100 million	1 - 2 days depending on the sending / receiving bank	20:45 Sydney time / 10:45 AM UTC
New Payments Platform (NPP)	`NPP`	AUD	Australia (`AU`)		Usually Instant, but can take up to 15min	N/A

❗SCT Note:
The code for SEPA and SEPA Instant Payments is the same. Where the Payee's bank is enabled for SEPA Instant, we will automatically send the payments under EUR 100,000 via SEPA Instant. You don't have to separately handle this in your code.