SEPA credit transfer: Difference between revisions
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(SCT). An electronic transfer of euro made under the rules and standards of the SEPA Scheme. | (SCT). | ||
An electronic transfer of euro made under the rules and standards of the SEPA Scheme. | |||
The standardised formats and service levels create: | The standardised formats and service levels create: | ||
#Certainty over data carried and delivered with payments. | |||
#A requirement for gross payments with a maximum execution time 1 day; and | |||
#Other specifications, for transfers within Europe, whether between or within national boundaries. | |||
== See also == | == See also == | ||
* [[Payments and payment systems]] | |||
* [[SEPA direct debit]] | |||
* [[Single Euro Payments Area]] | * [[Single Euro Payments Area]] | ||
[[Category:Cash_management]] | |||
Latest revision as of 20:16, 1 December 2018
(SCT).
An electronic transfer of euro made under the rules and standards of the SEPA Scheme.
The standardised formats and service levels create:
- Certainty over data carried and delivered with payments.
- A requirement for gross payments with a maximum execution time 1 day; and
- Other specifications, for transfers within Europe, whether between or within national boundaries.
