SEPA credit transfer: Difference between revisions

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An electronic transfer of euro made under the rules and standards of the SEPA Scheme.   
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:  

Revision as of 12:27, 11 May 2016

(SCT).

An electronic transfer of euro made under the rules and standards of the SEPA Scheme.


The standardised formats and service levels create:

  1. Certainty over data carried and delivered with payments.
  2. A requirement for gross payments with a maximum execution time 1 day; and
  3. Other specifications, for transfers within Europe, whether between or within national boundaries.


See also