Instant payments in euro
Amending Regulations (EU) No 260/2012 and (EU) 2021/1230 as regards instant credit transfers in euro
- Stage
- In force, reached 19 Mar 2024
- In force
- In force since 8 Apr 2024 · CELEX 32024R0886
- Procedure
- Ordinary legislative procedure
- Rapporteur
- Michiel Hoogeveen (ECR)
- Lead DG
- DG FISMA
- Last activity
- 19 Apr 2024
Where it stands
Latest: Discussions within the Council or its preparatory bodies, 19 Apr 2024.
ShowHide the earlier record: 18 dates, 7 Apr 2021 to 21 Dec 2023
- 7 Apr 2021
- Inception impact assessment closed: Instant Payments , 41 responses · Commission
- 23 Jun 2021
- Public consultation closed: Instant Payments , 166 responses · Commission
- 27 Oct 2022
- Adoption by Commission
- Discussions within the Council or its preparatory bodies
- 28 Oct 2022
- Discussions within the Council or its preparatory bodies
- 11 Nov 2022
- Discussions within the Council or its preparatory bodies
- 21 Nov 2022
- Referred to committee
- 5 Jan 2023
- Feedback on adopted proposal closed: Instant Payments , 39 responses · Commission
- 27 Jan 2023
- Discussions within the Council or its preparatory bodies
- 7 Feb 2023
- Discussions within the Council or its preparatory bodies
- 2 Mar 2023
- Committee report tabled
- Discussions within the Council or its preparatory bodies
- 28 Jun 2023
- Committee report adopted
- 3 Jul 2023
- Tabled for plenary
- 10 Jul 2023
- Plenary sitting
- 12 Jul 2023
- Plenary endorsed the trilogue mandate
- 17 Jul 2023
- Discussions within the Council or its preparatory bodies
- 25 Sept 2023
- Discussions within the Council or its preparatory bodies
- 11 Dec 2023
- Committee approved the provisional agreement
- 21 Dec 2023
- Discussions within the Council or its preparatory bodies
- 5 Feb 2024
- Debate in plenary
- 7 Feb 2024
- Plenary adopted first-reading position
- Plenary vote
- 14 Feb 2024
- Discussions within the Council or its preparatory bodies
- 21 Feb 2024
- Discussions within the Council or its preparatory bodies
- 26 Feb 2024
- Approval of the EP's first reading position by the Council (adoption of the legislative act)
- Discussions within the Council or its preparatory bodies
- 13 Mar 2024
- Signed
- 19 Mar 2024
- Published in the Official Journal
- 19 Apr 2024
- Discussions within the Council or its preparatory bodies
Who is on it
The Parliament's rapporteurs, shadow rapporteurs and opinion rapporteurs currently on this file.
| Role | Name | Group | Country | Committee |
|---|---|---|---|---|
| Rapporteur | Michiel Hoogeveen | ECR | NL | ECON |
| Shadow rapporteur | Antonio Maria Rinaldi | PfE | IT | ECON |
| Shadow rapporteur | Claude Gruffat | Greens/EFA | FR | ECON |
| Shadow rapporteur | Ivars Ijabs | Renew | LV | ECON |
| Shadow rapporteur | José Manuel García-margallo Y Marfil | EPP | ES | ECON |
| Shadow rapporteur | Marek Belka | S&D | PL | ECON |
| Shadow rapporteur | Martin Schirdewan | The Left | DE | ECON |
Amendments
Tabled on 30 Jan 2024. The texts are in the amendment documents below.
By author
- Irene Tinagli1
Amendments each member tabled or co-signed.
By article
- –1
Documents
Newest first. Each opens at its source.
- Report · A9-0230/2023Parliament
- Proposal · COM(2022)0546Parliament
- Agenda · GEDA/A/(2023)006763Parliament
- OJ C 060 17.02.2023, p. 0012Commission
- OJ C 106 22.03.2023, p. 0002Commission
- Text adopted · OJ L 19.03.2024Commission
- Report · PE742.661Parliament
- Amendments · PE746.795Parliament
- Agenda · PE757.151Parliament
- Text adopted · Regulation 2024/0886Commission
- Text adopted · SP(2024)196Parliament
- Text adopted · T9-0065/2024Parliament
Consultations on it
The Commission's Have Your Say consultations linked to this file. Where we publish the positions filed, the title opens them here.
| Consultation | Feedback deadline | Feedback received |
|---|---|---|
| 5 Jan 2023 | 246 |
Summary
GeneratedThis regulation requires payment service providers in the euro area to offer instant credit transfers in euro, priced no higher than standard transfers. It directly affects banks, payment institutions, and their customers. Signed in March 2024, the legislation is now in force.
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A first draft
Sources: EP Legislative Observatory · EUR-Lex. Record as of 14 Sept 2026. Something wrong on this page? Report an error.
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