Facts and figures
| Facts & figures | |
|---|---|
| Currency | euro |
| Launch | 2018 |
| Settlement model | Real time, central bank money |
| Scheme | SEPA Instant Credit Transfer (SCT Inst) |
| Opening hours | 24/7/365 |
| Transaction limit | No upper limit |
| % of payments processed in TIPS in less than 5 seconds | 99% |
| Price | €0.002 per transaction |
| Regulator | European Central Bank |
TIPS participants
- Abanca Corporación Bancaria S.A.
- ABN AMRO Bank N.V.
- Banco Bilbao Vizcaya Argentaria S.A.
- Banco Cooperativo Espanol S.A.
- Banco de Crédito Social Cooperativo S.A.
- Banca March S.A.
- Banco Mediolanum S.A.
- Banco de Sabadell S.A.
- Banco Santander S.A.
- Bank für Tirol und Vorarlberg AG
- Bank of Latvia
- Bankhaus Carl Spaengler & Co. AG
- Bankia S.A.
- Bankinter S.A.
- Berlin Hyp AG
- BKS Bank AG
- BPCE (including Natixis)
- BRED Banque Populaire
- CaixaBank S.A.
- Deutsche Bundesbank
- Laboral Kutxa (Caja Laboral Popular Coop. de Crédito)
- Hypo Noe Landesbank
- Hypo Tirol Bank A.G.
- ICCREA Banca SpA
- Ibercaja Banco S.A.
- Istituto Centrale Delle Banche Popolari Italiane
- Kutxabank S.A.
- Oberbank AG
- Raiffeisen International AG
- Raiffeisenlandesbank Oberoesterreich Aktiengesellschaft
- TeamBank AG
- Unicredit Bank AG (Hypovereinsbank)
- UniCredit S.P.A.
- Volksbank Wien AG
TIPS reachable parties
List of TIPS participants and reachable parties (Last update: 4 May 2020)