SEPA credit transfer: Difference between revisions
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imported>Doug Williamson m (Spacing and listing 20/8/13) |
imported>Doug Williamson m (Category added 9/10/13) |
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== See also == | == See also == | ||
* [[Single Euro Payments Area]] | * [[Single Euro Payments Area]] | ||
[[Category:Cash_management]] | |||
Revision as of 10:11, 9 October 2013
(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 of 3 days, reducing to 1 day from 2012; and
- Other specifications, for transfers within Europe, whether between or within national boundaries.
