Every December, the same dramatic headlines make the rounds: “SEPA payments blocked for Christmas”, “Bank transfers halted for several days”, and other doom-filled warnings that suggest people in Europe will be unable to move money during the holidays. Reality looks very different. SEPA is not being switched off for Christmas. In fact, SEPA Instant Credit Transfers (SCT Inst) are specifically designed to run 24/7/365, including 25–26 December (pay by bank) [...]
