Since the MOB meeting in May 2016 the Dutch Payments Association, in close collaboration with the Dutch Central Bank (DNB), has worked out a more detailed design of the Instant Payments infrastructure, both from a functional (customer) perspective as well as from a technical perspective (clearing and settlement).
The design – as work in progress – has been discussed in a stakeholder forum that was installed for this puprose. At the same time the design has been aligned with European requirements.
A market consultation among European processors and among suppliers of payment systems and payment infrastructure, was conducted early 2016. Its results have led to further adaptation of the program’s functional and technical specifications.
In the second half of 2016 the requirements from the Dutch program have been reviewed and amended, based on the available European (EPC) SEPA Inst rulebook and implementation guidelines. The latest version can be obtained by sending us an e-mail. Meanwhile the payment service providers started (re)building their systems and selecting suppliers.