May 2024

NPC Credit Transfer Scheme Rulebook


Please note that if you are a Windows user and having problems to extract any of the zip files you are probably maxing out the file path limit of 255 characters. To resolve the issue, try to unzip the file from a root location (c:\ for example).

A public consultation 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 is now open until June 1, 2024. All NPC members and stakeholders are encouraged to provide feedback on the suggested changes for the next versions of the NPC rulebooks. More information found here.

The NPC Credit Transfer Scheme is a set of rules, practices and standards to achieve interoperability for the provision and operation of a credit transfer agreed at interbank level for the currencies covered by the Scheme (Scheme Currencies).

In addition to the Rulebook, there can be local market practices, additional agreements and documentation from Clearing and Settlement Mechanisms (CSMs), technology suppliers or other relevant parties.

Connected to the Rulebook, there are a number of key documents which support the Scheme operationally, the NPC Credit Transfer Scheme Implementation Guidelines:

  • the guidelines regarding the interbank messages (NPC Credit Transfer Scheme Interbank Implementation Guidelines)
  • the guidelines regarding the customer-to-bank messages (NPC Credit Transfer Scheme Customer-to-Bank Implementation Guidelines) which each Participant is recommended to support at the request of the Originator
  • the recommendation on ISO 20022 customer reporting for bank-to-customer messages (NPC Recommendation on ISO 20022 customer reporting of NPC Credit Transfer and Instant Credit Transfer) which each Participant is recommended to support

If you would need XML Schema Definitions (XSDs) connected to the Implementation Guidelines for the NPC Credit Transfer Scheme, please get in contact with info(at) as these are being updated and quality assured to reflect the updated Implementation Guidelines.

The NPC Credit Transfer Scheme 2023 will enter into effect on May 1, 2023. Please note that: the actual date when transactions can be made according to the Rulebook will depend on when the participants and the Clearing and Settlement Mechanisms (CSMs) implementing the Rulebook are ready.

This document summarises, on a high-level, the differences between the EPC SEPA Credit Transfer Scheme Rulebook and the NPC Credit Transfer Scheme Rulebook. 

This document summarises, on a high-level, the changes made to the implementation guidelines for 2023 version of NPC Schemes.