Principal employer and SEPA credit transfer: Difference between pages

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imported>Doug Williamson
(Mend link.)
 
imported>Doug Williamson
(Link with SEPA direct debit page.)
 
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''Pensions''.  
(SCT).  
   
 
For pension schemes where there is more than one employer (for example a holding company and certain of its subsidiaries), that employer in which is vested special powers or duties, such as the appointment of trustees.
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 ==
* [[Employer]]
* [[SEPA direct debit]]
* [[Multi-employer pension scheme]]
* [[Single Euro Payments Area]]
* [[Principal]]
* [[Payments and payment systems]]


[[Category:Manage_risks]]
[[Category:Cash_management]]

Revision as of 22:07, 23 March 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