SEPA credit transfer: Difference between revisions
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imported>Doug Williamson m (Spacing and listing 20/8/13) |
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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 of 3 days, reducing to 1 day from 2012; and | |||
#Other specifications, for transfers within Europe, whether between or within national boundaries. | |||
== See also == | == See also == | ||
* [[Single Euro Payments Area]] | * [[Single Euro Payments Area]] | ||
Revision as of 13:56, 20 August 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.