NPC has published updated versions of the 2025 NPC Credit Transfer Scheme Rulebook and the 2025 NPC Instant Credit Transfer Scheme Rulebook, with immediate effect.
These updates reflect the EPC’s September 2025 decision to bring forward the phase-out of unstructured address formats. The final date for using unstructured addresses has been moved from 22 November 2026 to 15 November 2026, aligning with the November 2026 SWIFT Standards MX Release. This means participants now have one week less to complete the transition to structured or hybrid address formats.
To accommodate this revised timeline, the NPC has formally replaced the version 1.0 of both its 2025 NPC payment scheme rulebooks with version 1.1. These updates do not introduce any new operational or business requirements beyond the revised date and a few minor corrections and editorial changes. All changes have been approved by the NPC Scheme Management Committee.
The following documents, including the Rulebooks and Implementation Guidelines, have been updated:
All updated documents related to the NPC Credit Transfer Scheme Rulebook are available here while all updated documents related to the NPC Instant Credit Transfer Scheme Rulebook are available here.