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SEPA Payments Outage

Critical Impact Monitoring Ongoing May 20, 2026

Incident Lifecycle

Investigating Investigating Monitoring

Incident Timeline

Monitoring
SEPA Instant and Credit inbound and outbound payments are now flowing as expected.

The incident occurred between 11:50pm and 3:48am, during which time the scheme was unavailable.

We apologise for any inconvenience this may have caused. If you have any questions, please don’t hesitate to reach out to support@modulrfinance.com.
May 21, 2026 at 8:24 AM UTC
Investigating
We are continuing to investigate this incident and have been able to confirm the following:

- All outbound SEPA payments have been effected by this and we have kept our SEPA payments services paused. Outbound payments attempted during this period will be held and not go to scheme.
- We are also seeing intermittent issues with inbound payments where we are seeing some successful payments crediting accounts but also seeing failing payments. We would recommend caution and double checking if a p...
May 21, 2026 at 1:02 AM UTC
Investigating
We are currently investigating an issue with SEPA outbound payments where any payments that have been sent to our SEPA scheme provider are currently failing.

While we investigate this and find the root cause, we have paused all outbound SEPA payments. If you attempt to process any payments in this period where payments are paused, they will be held and will not go to scheme.

We are working as quickly as possible to resolve this incident. If you have any further questions, please feel free t...
May 20, 2026 at 11:47 PM UTC
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