Does OpenPayd Financial Services Malta Limited accept SEPA Instant?

OpenPayd Financial Services Malta Limited (CFTEMTM1XXX, St. Julian's, Malta) has been registered for SEPA Instant since 16 May 2022 according to the EPC register.

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Registered for SEPA Instant

Listed in the EPC SCT Inst register. Registration does not guarantee every transfer will be accepted.

Institution
OpenPayd Financial Services Malta Limited
BIC / SWIFT
CFTEMTM1XXX
City
St. Julian's
Country
Malta

SEPA scheme participation

SchemeStatusReadiness date
SEPA Credit Transfer (SCT)Registered7 December 2020
SEPA Instant (SCT Inst)Registered16 May 2022
SEPA Direct Debit CoreRegistered16 May 2022

Malta is in the euro area. Under Regulation (EU) 2024/886, its banks must be able to receive instant euro transfers since 9 January 2025 and send them since 9 October 2025. Payment and e-money institutions have until 9 April 2027.

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Frequently asked questions

Does OpenPayd Financial Services Malta Limited accept SEPA Instant transfers?

It has been listed in the EPC SCT Inst register since 16 May 2022.

What is the BIC code of OpenPayd Financial Services Malta Limited?

CFTEMTM1XXX.