2024-11-28

Circular Letter No. CC/2024/00000051

Banco de Portugal issued Circular Letter No. CC/2024/00000051 to disclose the obligations related to the provision of instant euro credit transfers. The directive applies to credit institutions, electronic money institutions, and payment institutions, specifying requirements for instant payment systems. This regulatory update was published in the Official Bulletin on November 28, 2024, to ensure compliance with instant transfer standards.

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