March 2024

Public consultations – NPC Payment Schemes 2025 and CoP Scheme 2024

This public consultation performed by the NPC is regarding 2025 NPC Credit Transfer Rulebook, the 2025 NPC Instant Credit Transfer Rulebook, and as well for the 2024 NPC Confirmation of Payee Scheme Rulebook. The Public consultation period will be open between March 1, and June 1, 2024.

Documents related to the consultations:

NPC Credit Transfer Scheme

NPC Instant Credit Transfer Scheme

NPC Confirmation of Payee Scheme

Public consultations are now open on the change requests for the 2025 NPC Credit Transfer Rulebook, the 2025 NPC Instant Credit Transfer Rulebook, and the 2024 NPC Confirmation of Payee Scheme Rulebook between March 1 to June 1, 2024.

It is a key objective of the NPC that the NPC schemes can develop with an evolving payments market. To meet the demands of the scheme participants and stakeholders, the NPC schemes are subject to a change management process that is structured, transparent and open, governed by the rules of the management and evolution function of NPC Scheme Management. This is done according to the NPC Scheme Management Rules. All NPC members and stakeholders are therefore encouraged to provide feedback on the suggested changes to be introduced into the next versions of the NPC rulebooks.

The documents, NPC009-04 NCT Rulebook 2025 Public Consultation Change Requests, NPC090-04 NCT Inst Rulebook 2025 Change Request Public Consultation, and NPC063-01 CoP Rulebook 2024 Change Request Public Consultation details and offer the analyses of the change requests submitted, and recommendations by the working groups on the way forward with regards to individual change requests. Proposed changes detailed in the Public Consultation documents will be taken forward if they are:

  • broadly accepted by all NPC members and stakeholders
  • technically and legally feasible
  • approved by the Scheme Management Committee (also known as SMC and is the decision-making body in charge of the schemes’ evolution in the NPC).

All stakeholders and NPC members are welcome to participate in the public consultation by using the response templates and send it to by June 1, 2024, at 17h00 CEST at the latest. The NPC will not consider any feedback received after this deadline.

The Change Management Cycle comes to an end in November 2024, in connection to the publication of updated versions of NPC Credit Transfer and NPC Instant Credit Transfer Rulebooks. The new versions of the NPC Credit Transfer and NPC Instant Credit Transfer Rulebooks will enter into effect in November 2025. The updated version of the Confirmation of Payee rulebook will be published in November 2024 and enter into effect immediately as the scheme isn’t currently in use. After NPC Confirmation of Payee is implemented, the market will be given the customary one-year lead time in the future.