SEPA Credit Transfer Delays

Incident Report for Currencycloud

Postmortem

Overview

An issue had occurred when an external configuration change blocked inbound payment funding flows and prevented normal funds processing. Normal operation was restored after the block was reverted through coordination with the external partner.

Client Impact

Clients experienced temporary delays to SEPA credit transfers submitted during the affected period. All impacted payments were later processed once funding had been restored.

Root Cause

The incident was caused by an external configuration error in which an inbound payment restriction was applied too broadly to Currencycloud accounts. This misconfiguration prevented funding from being credited and created downstream processing delays.

Remediation

The restriction was promptly reverted in collaboration with the network partners, allowing funding flows to resume. Impacted payments were reprocessed and monitored until completion.

Posted Jan 30, 2026 - 17:33 UTC

Resolved

The issue affecting SEPA (non-instant) credit transfers has now been resolved.

Processing of impacted payments submitted between 23 and 26 January has resumed and payments are beginning to complete. Full remediation, including completion of all remaining delayed payments, is expected to be finalised by tomorrow.

We will continue to closely monitor processing to ensure stability. We apologise for the inconvenience caused and thank you for your patience.
Posted Jan 27, 2026 - 16:17 UTC

Identified

We are currently experiencing an issue affecting SEPA (non-instant) credit transfers.

The root cause has been identified, and corrective actions are underway in collaboration with our Network Partner. We expect the service to return to normal operation by tomorrow.

Any SEPA credit payments submitted today that are delayed will be manually remediated tomorrow to ensure completion.

We apologise for the inconvenience and appreciate your patience as we work to resolve this.
Posted Jan 26, 2026 - 18:27 UTC

Investigating

We’re currently experiencing an issue affecting SEPA (non-instant) credit transfers.

As a result, SEPA credit payments submitted today may be processed later than usual. No payments are lost as they shall be completed once the issue is resolved.

We’re actively working with our Network Partners to resolve this and will provide updates as soon as more information is available.

We apologise for the inconvenience and appreciate your patience.
Posted Jan 26, 2026 - 14:06 UTC
This incident affected: Payments.