This is not true at all. SEPA payments are cleared five times a day on every business day. Payment Services Directive establishes that money must be credited t

This is not true at all. SEPA payments are cleared five times a day on every business day. Payment Services Directive establishes that money must be credited to a recipient's account at the latest by the end of the next business day. On top of that, about a quarter of all banks already support Instant SEPA, which clears immediately 24/7/365.