Glossary / S
Settlement
The completion of a specified transfer or obligation in the relevant system.
- Sheet
- 065
- Section
- Glossary
- Instrument
- Star chart
- Edition
- 12 · XI · 2026
The completion of a specified transfer or obligation in the relevant system.
What the term does and does not tell you
Always state which leg is settled: an on-chain transfer, a trade or a bank payment. A label such as completed on one system may not mean the intended beneficiary can use the final fiat funds.
Use it in the working file
Record the actual entity, asset, service and date alongside the term. A label alone is not an eligibility decision or a complete description of legal rights.
Sources & scope
Research snapshot: 12 November 2026. The dated rule, its scope and the legal entity matter. Open the primary source before acting.
- EPC: SEPA Credit Transfer schemeScheme operator documentation
- EPC: SEPA Instant Credit Transfer schemeScheme operator documentation