Agenda and minutes of the 9th meeting of the EPC Scheme End-User Forum (September 2019)

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

The SEUF held its ninth meeting on 12 September 2019 in its new composition for the period 2019-2021. The approved agenda and minutes are available on this page.

During this meeting, the SEUF noted the decision by the to present the migration of the four payment scheme rulebooks to the 2019 version of the ISO 20022 standard by November 2022, as a major change request in the 2020 rulebook change management cycle. 

The advantage of the 2019 ISO version for customers is that it provides them with extra fields in the customer-to-bank messages (e.g., execution date and time for Instant Credit Transfer ( ), possibility to provide aliases). For the 2020 public consultation, the SEUF members suggested that a gap analysis between the 2009 and 2019 ISO versions should be attached to the change request itself.

The SEUF further appreciated the decision to increase the maximum amount an Originator can transfer via a single Instruction to 100.000,00 EUR as of 1 July 2020. The SEUF members felt that the increase of the maximum amount will provide the market players with more ideas how the scheme could potentially serve their needs.

With respect to the obstacles preventing the broader use of the scheme, the SEUF pointed out the need for a standardised way of notifying the payment beneficiaries about the receipt of the funds on their accounts. Another obstacle is the current lack of full reachability of the scheme across .

The SEUF was also briefed about the operational implications a “no-deal Brexit” on 1 November 2019 would bring on and transactions to be processed as from that date onwards.

Finally, the SEUF debated on the need for more specific Direct Debit ( ) r-transaction reason codes than the generic reason code SL01 (Specific Service Offered By the Debtor Agent). The code SL01 covers a range of possible reasons which the Debtor can use under the End-Date Regulation to block their account for specific collections (e.g., creditor blocking, collection amount limitations, collection frequency limitations). 

Some SEUF members stated that the lack of a unique r-transaction reason code for each reason permitted by the End-Date Regulation prevents the Creditor from developing highly automated follow-up processes for these failed collections internally and with the Debtor.

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