Agenda and minutes of the 8th meeting of the EPC Scheme End-User Forum (March 2019)

The Scheme End-User Forum (SEUF) is composed of representatives of European associations of end-users of the payment schemes, such as consumers, e-merchants and corporate treasurers.

The SEUF held its eighth meeting on 26 March 2019. The approved agenda and minutes are available on this page.

During this meeting, the SEUF debated the potential ISO 20022 version change-over from the 2009 version to the 2019 version for all schemes. It expressed its support for such version migration and for a ‘big-bang’ approach. It would allow the corporate end-users to use an enriched ISO version providing them with a wider range of features compared to the 2009 version. The corporate end-users and their ERP/cash management software providers require more than one year of preparations at their end to plan and to implement such change-over in their systems and solutions. The sooner the takes a positive decision in this matter and publicly communicates about it, the better.

The SEUF further discussed the Instant Credit Transfer ( ) scheme implementation status at that point in time. The main topics were the scheme adherence status and projections, and current obstacles for payment end-users to use the scheme. The SEUF recommendations to the are a higher maximum amount per instruction, the possibility to process bulk files of transactions from corporate end-users, and a basic set of transaction confirmation and statement messages for the Beneficiary once the transaction is completed.

The SEUF also shared its view about the potential inclusion of incoming ‘one-leg out’ credit transfers under the scheme. The SEUF members did not have a specific need for such ‘one-leg out’ credit transfers to be defined in the scheme rulebook and processed under the scheme.

The SEUF was invited to share its experiences with the implementation and the daily processing of collections in constellations whereby an entity other than the entity or person providing the goods or services to the Debtor, executes the collections. The SEUF firmly stated that the details of the Creditor mentioned in the collection file must match with the Creditor details on the mandate. Only the Creditor mentioned on the mandate is the entity or person entitled to obtain the funds on its account through the scheme.

Document download