SEPA Instant Progress, or the lack of it...

Received this afternoon from AIB, seems they’ll be supporting outbound SEPA Instant payments from the 25th August.

“Since January 2025, you have been able to receive instant payments to your payment account. This means your balance is updated straight away when someone sends you an instant payment. From 25 August 2025, we'll start to roll out the ability to send instant payments from your account. These payments will reach the receiving account within 10 seconds. We will let you know when these become available through our online services and on our website.”
 
EBS (as part of AIB) following suit on the same day:
https://www.ebs.ie/terms-and-conditions-updates
 
Revolut style payments is a bit of a misnomer. My first thought was "who would want to only be able to send payments to other credit union members?" since that's how revolut worked before SEPA Instant
 
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