sepa february 1st 2016 deadline requirements

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Page 1: SEPA February 1st 2016 Deadline Requirements

www.paymentcomponents.com

Facts as published by SEPA for Corporates in “SEPA Deadline: 1st February 2016 – The Countdown Begins”

Requirements!

1 2

3 6

The Bank Identifier Code (BIC) is no longer required

Corporates must use the

SEPA ISO 20022

XML Format 4 5

Be Ready!

Payment card direct debits are no

longer permitted

Niche products will need to be SEPA Compliant

Corporates must Indicate

the IBAN

Deadline – February 1st 2016

https://twitter.com/paymentcomp

https://www.linkedin.com/company/paymentcomponents

http://www.slideshare.net/paymentcomponents

http://www.sepaforcorporates.com/single-euro-payments-area/sepa-deadline-1st-february-2016-countdown-begins/

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