[Pooge]

SEPA is only for Euros but there are countries that don't use Euros that still use IBAN (e.g. Switzerland and UK).

[hocuspocus]

The UK has had instant transfers for many years.

Switzerland since last summer, but banks aren't forced to expose the feature to retail customers yet, at least not for free. We could have had that 15 years ago if our government wasn't so afraid of upsetting the banking lobbies.