SEPA transfers take D+1 days, not minutes. The explanation for SEPA delays can be found earlier in this thread (someone even called their bank to hear it from them), and everyone else are bored by hearing it over and over. SEPA has been delayed for the same reason since they changed to the Polish bank more than a year ago.
Let's make a bet - 1 BTC - that in 30 days time nothing will change.
Regarding SEPA, yes. Their limit will not change until they have completed their registration as a financial institution.
Regarding other fiat withdrawal option, I expect most of their problems will be resolved within a month, and the fastest fiat withdrawal option (except domestic JPY and manual express international wire) to take less than a week before Christmas. I'm willing to bet 1 BTC on this.