I asked my friends at Dutch Payments Association some questions about this top. And here is their reply (in Dutch):
The Netherlands was one of the first countries to announce a concrete project for the introduction of IP on a large national scale. The Dutch ambitions are high and that requires a little more time and effort. In the meantime, partial solutions have been introduced on a smaller scale, both within and outside the Netherlands, and in shorter times. In the Netherlands, think of real-time consumer-to-consumer payments via iDEAL (such as Tikkie), the immediate advance of the daily turnover for debit card payments to entrepreneurs and real-time payments within the same bank. Because banks in the Netherlands are much less fragmented than in many other countries, real-time payments within the same bank already account for a relatively large share of all domestic payments.
• The Netherlands started to design and develop a broad national infrastructure for Instant Payments before concrete plans were made on an EU scale. Gradually, the EU standards have been included in the Dutch approach. From the start, Dutch Instant Payments will be in line with EU developments and EU standards.
• The Dutch approach immediately creates a large domestic reach for a wide range of payments, without restrictions. The Dutch infrastructure is designed in such a way that virtually all payments can run via that infrastructure in the long term. The infrastructure does not impose a maximum amount per payment and is aimed at a payment speed of 5 seconds.
• The European IPs are limited to SCTs (SEPA Credit Transfers, ordinary transfers), up to a maximum of 15,000 euros per payment and they aim for a speed of 10 seconds.
• The majority of Dutch payment accounts, private and business, are directly connected to the Dutch IP infrastructure.
• The EU approach only allows IP payment between two banks that are both connected to the same IP transaction processor. In time, the various IP transaction processors within the euro zone will be connected. In this way, the Dutch IP infrastructure can also be connected to the IP infrastructure in the rest of the euro zone.
• A cross-border IP to and from the Netherlands will be subject to EU restrictions: only SCTs, a maximum of 15,000 euros and within 10 seconds.
• An individual Dutch bank can already connect itself to an EU transaction processor that supports IP. The customers of that bank can then send European Instant SCTs to all banks that are connected to the same IP transaction processor. For example, ABN AMRO and bunq are already affiliated with such a European IP transaction bunq . In the entire euro zone, more than 10% of all banks are now connected to an IP transaction processor. With ABN AMRO, the Netherlands is immediately above that EU average.
• Nothing needs to be done with IP. Banks can decide for themselves how and when to join. Fortunately, in the Netherlands we know a broad cooperation for IP, resulting in the collective and ambitious approach described above.
Dutch Payments Association