Single Euro Payments Area

5 Things Corporates Must Know About SWIFT CBPR+ 2

Mar

19

2023

Yes guys, I am still around! My sincere apologies for the silence for the last year or so. I have been dealing with a couple of things, which i hope are now firmly in the rear view mirror. You may be wondering, why am i posting today? Well, this is a momentous moment (is that ...

Important: SEPA TARGET Closing Days 2022 and 2023 1

May

7

2022

Errrmmmm, you may be wondering – where the heck have i been? It has been almost 2 years since my last post and WOW, what a 2 years! To be honest, there is too much to share and perhaps i will dive into that another time – if you’re interested. But know that I am ...

EU Euro Payments Must be SEPA Compliant by 31 Oct 2016 1

Aug

25

2016

This blog has covered in depth the SEPA timeline for euro payments and direct debits, starting with the initial deadline (1st February 2014) and the 6 months grace period which culminated in the final (1st August 2016) SEPA deadline. So you’re probably wondering, what the heck is this euro payments to be SEPA compliant by ...

What is the EU in 3 Simple Infographics

Jun

24

2016

So, what just happened? The UK has made up its mind and decided to Leave the EU – with 51.9% of the vote, 48.1% of the public wanting to Remain The British Prime Minister has said that he will leave Downing Street by October, 2016 The UK is being pulled in a few different directions: ...

SEPA Creditor Identifier By Country 20

Sep

3

2015

As the SEPA February 2016 deadline approaches, we need to remember that there are many components to a SEPA Direct Debit implementation. In the SEPA Direct Debit Key Considerations post, i’ve highlighted all of the mandatory fields that you need to capture. One of those fields is the SEPA Creditor Identifier, which i will cover ...

Valid XML Characters for your SEPA Payments 3

Aug

25

2015

Understanding the list of valid xml characters for your SEPA Credit Transfer (PAIN.001) and SEPA Direct Debit (PAIN.008) formats is really important. I know that is stating the obvious, but often invalid xml characters or illegal xml characters are entered into the payments format and can cause either the single payment to be rejected or ...

The Benefits of SEPA According to PWC 2

Jul

23

2015

PWC were assigned by the European Commission DG Internal Market & Services to analyse the benefits and opportunities presented by SEPA once ‘fully embraced’. The report released last year in January 2014, provides us with some interesting insights into the opportunities and benefits of SEPA. Some aspects of the report are very technical and theoretical, but ...

Eurozone Crisis – Should Greece Stay Or Should Greece Go? 1

Jun

23

2015

As 30th June deadline looms another round of Eurozone crisis talks continue in a bid to resolve the Greek debt conundrum, I wanted to understand for myself the key arguments for and against Greece staying in the Eurozone. The implications of a Greek Exit or Grexit are absolutely huge, and of course SEPA is just ...

SEPA Timeline – The Past, Present and Future… 3

May

27

2015

With 1st February 2016 SEPA deadline ahead of us, I thought it would be worthwhile taking stock – via a SEPA timeline – of where we’re at, where we’ve come from and where we’re going on this SEPA journey. Getting to the point we’re at right now has taken over 15 years, a couple of SEPA deadlines, lots ...

Fun Facts About 10 European Brands

Mar

9

2015

Over the weekend I was reading about European brands and came across some really interesting articles such as the Top 10 Most Powerful European Brands, The Best Brands in Europe and What are the top 20 retail brands in Europe?. They’re really interesting articles and well worth a read. The compiled lists of European brands vary according ...