SEPA Direct Debit (SDD)

2017 SDD Rulebooks


On this page, you find the links to the 2017 Single Euro Payments Area (SEPA) Direct Debit (SDD) Core Rulebook version 1.0, the 2017 SDD Business to Business (B2B) Rulebook version 1.0 and the associated implementation guidelines to both SDD rulebooks. The 2017 SDD rulebooks are effective as of 19 November 2017 until November 2019.

The implementation guidelines relevant to both 2017 SDD rulebooks are based on the 2009 version of ISO 20022.

Main changes in both 2017 SDD rulebooks

The 2017 SDD rulebooks include the obligation for scheme participants to accept at least but not exclusively Customer-to-Bank (C2B) SEPA payment message files based on the EPC’s C2B SEPA scheme Implementation Guidelines.

Customers will still have the choice either to continue using their current C2B payment message file set-up or to opt for the C2B payment message file based on the EPC specifications. On the other hand, the scheme participants will have to be technically capable of supporting the EPC specifications for C2B payment message files.

The 2017 SDD rulebooks formally refer to the EPC document ‘Guidance on Reason Codes for SDD R-transactions. The objective is that scheme participants are enabled using without doubt the correct SDD r-transaction codes to maximise the straight-through processing rate of such exceptional transactions and to provide meaningful information up to the creditor and the Creditor Bank.

The 2017 SDD rulebooks formally state that this guide prescribes which ISO code should be used for each of the reasons under each R-transaction type. Keeping the contents of this guide outside the SDD rulebooks allows more flexibility for the EPC to provide updated instructions with respect to SDD r-transaction reasons and reason codes on a short notice.

The 2017 SDD rulebooks contain a number of regulatory changes driven by the Directive (EU) 2015/2366 of the European Parliament and of the Council of 25 November 2015 (‘PSD2’) becoming effective as of 13 January 2018, and by the guides for the assessment of direct debit schemes against the  oversight standards of the Eurosystem. The Eurosystem has conducted an oversight assessment on the SDD Core scheme.

These changes impact the rights and obligations of scheme participants and the Scheme Management Internal Rules but do not affect the operational and business rules of the SDD rulebooks.

Finally, the 2017 SDD rulebooks no longer contain the Annex IX ‘Advance Mandate Information’ (AMI).

Main change included in the 2017 SDD B2B Rulebook

The return period during which SDD B2B collections can be returned, has been extended from two to three interbank business days. This should lead to a decrease in the number of SDD B2B returns.

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