I've used them a few times for personal transfers. Each took less than 30 seconds until the money was booked out of my account and booked into the receivers acc

I've used them a few times for personal transfers. Each took less than 30 seconds until the money was booked out of my account and booked into the receivers account. SEPA in my experience has never taken longer than 1 day unless it's SOFORT-related, which in my experience takes a bit to confirm (but the merchant knows you issued a transfer so they can rely on that).