IFRS 9 and SEPA credit transfer: Difference between pages

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International Financial Reporting Standard 9, dealing with financial instruments.
(SCT).  


IFRS 9 largely replaced IAS 39 'Financial Instruments: Recognition and Measurement'.  
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 1 day; and
#Other specifications, for transfers within Europe, whether between or within national boundaries.




== See also ==
== See also ==
* [[Fair Value Adjustment]]
* [[SEPA direct debit]]
* [[Financial instrument]]
* [[Single Euro Payments Area]]
* [[Hedge accounting]]
* [[Payments and payment systems]]
* [[IAS 32]]
* [[IAS 39]]
* [[IFRS 9 hedge accounting reforms: a closer reflection of risk management?]]
* [[Impairment]]
* [[Recognition]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Cash_management]]
[[Category:Compliance_and_audit]]

Revision as of 12:27, 11 May 2016

(SCT).

An electronic transfer of euro made under the rules and standards of the SEPA Scheme.


The standardised formats and service levels create:

  1. Certainty over data carried and delivered with payments.
  2. A requirement for gross payments with a maximum execution time 1 day; and
  3. Other specifications, for transfers within Europe, whether between or within national boundaries.


See also