SEPA credit transfer: Difference between revisions
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imported>Doug Williamson m (Category added 9/10/13) |
imported>Doug Williamson (Linked to The Treasurers Handbook - Payments and payment systems) |
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== See also == | == See also == | ||
* [[Single Euro Payments Area]] | * [[Single Euro Payments Area]] | ||
* [[Payments and payment systems]] | |||
[[Category:Cash_management]] | [[Category:Cash_management]] | ||
Revision as of 11:25, 29 November 2014
(SCT).
An electronic transfer of euro made under the rules and standards of the SEPA Scheme.
The standardised formats and service levels create:
- Certainty over data carried and delivered with payments.
- A requirement for gross payments with a maximum execution time of 3 days, reducing to 1 day from 2012; and
- Other specifications, for transfers within Europe, whether between or within national boundaries.
