SEPA for Corporates - SEPA Payments News and Views

Quick Guide To COR1 SEPA Direct Debits 6

Oct

31

2013

Many legacy direct debit schemes were pretty efficient and allowed creditors to collect according to various business requirements. Some legacy schemes allowed collections to be submitted to the bank / clearing 1 day prior to the collection date. This has now changed under SEPA direct debit CORE processing where the requirement is for collection instructions to ...

A Must Visit Website for any SEPA Implementation… 5

Oct

29

2013

I know what you’re thinking, he’s going to plug his own website 😉 By now, i think we’re all realising the pain point of any implementation is the validity of the BIC information. There are of course many sites that can help you with this particular problem area. But there is one that deserves special attention for ...

Migrating to SEPA in 5 Easy Steps 4

Apr

26

2013

You have probably read lots of good stuff about migrating to SEPA . Even when you are migrating the same SEPA process, be it credit transfers or direct debit collections, no two implementations will be the same. You may have migrated a SEPA process in France and will think right, i will copy and replicate ...

SEPA Payroll – Deadline: October 2013…

Mar

8

2013

Sorry for the shock headline, but with reference to salary payments consider this – alot of companies pay their employee salaries at the end of the month. In terms of timelines payroll is a key process that happens once a month, at the end of the month, and cannot go wrong. You have the potential ...

SEPA Direct Debit Key Considerations 7

Mar

2

2013

If your following through the various SEPA Direct Debit related posts, i’d suggest the following order: SEPA Direct Debit – An Overview Differences between the SEPA Core and B2B Schemes I’m guessing you will have done some of your own reading too, and you’ll be thinking about implementing the SEPA Direct Debit process within your ...

Difference between SEPA Core and B2B Schemes 22

Mar

1

2013

In the SEPA Direct Debit Overview, i have highlighted in brief what the SEPA direct debit scheme is all about. From that we understand there are two SEPA Direct Debit schemes: Core and B2B. Here i will highlight some, not all, of the key differences that you need to be aware of. Before we get ...

SEPA Direct Debit – A Quick Overview 21

Feb

28

2013

Similar to the SEPA Credit Transfer post – for direct debits though, there has been a particular emphasis in the last few months on SEPA direct debits (SDD). This wealth of information being released is probably due a combination of the very low take up of SEPA direct debits (total percentage of SEPA direct debits ...

SEPA Credit Transfer – A Quick Overview 14

Feb

26

2013

There is alot of blurb out there about SEPA Payments, SEPA Credit Transfers – SCT. You can spend hours reading that, here i want to cut to the chase and give you a quick overview of some of the information i have found most useful. SEPA Credit Transfers: My first port of call for relevant ...

Niche Products 3

Feb

25

2013

Alright, so you’ve collated information about all (well, probably most!) of the payments and collection processes in Europe, or rather within the impacted euro-currency countries and you’re thinking uh oh (being polite)! Its probably true for most corporates, the list is as long as your arm, across many countries / systems, and time is against ...

SEPA Countries Impacted By the SEPA Regulation 5

Feb

24

2013

The SEPA Regulation currently impacts the following SEPA Countries: SEPA Countries within the EEA – 27 EU Members 17 Euro currency countries: Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, Monaco, the Netherlands, Portugal, Slovenia, Slovakia and Spain 10 non-Euro currency countries: Bulgaria, Czech Republic, Denmark, Hungary, Latvia, Lithuania, Poland, Romania, Sweden, United Kingdom SEPA ...