European Payments Council Consults on 2018 Change Requests for SEPA Credit Transfer and SEPA Direct Debit Rulebooks

On March 13, 2018, the European Payments Council (EPC) launched a public consultation on suggested amendments to its payments schemes, namely the Single Euro Payments Area (SEPA) Credit Transfer (SCT), the SEPA Instant Credit Transfer (SCT Inst), the SEPA Direct Debit Core (SDD Core) and the SDD Business-to-Business (SDD B2B) schemes.

The proposed amendments to the rulebooks governing the aforementioned schemes build on 43 change requests received from various stakeholder representatives, banking communities and EPC working and support groups, following an earlier call for such change requests in December 2017.

To continue reading please log in or request a demo to speak to a member of the team.