Background: services that can be offered by PIs
Background: services that can be offered by EMIs
All current and future SEPA Credit Transfer (SCT) and/or SEPA Instant Credit Transfer (SCT Inst) scheme participants affected by the amended SEPA Regulation provisions on verification of payee must adhere to the VOP scheme and register into and fu
For SCT/SCT Inst scheme participant EMIs and PIs, the same principles of which under Q&A III.1 apply. SCT/SCT Inst scheme participant PIs and EMIs located in the Eurozone are required to offer a VOP service as of 9 October 2025.
The VOP scheme rulebook will be effective on 5 October 2025. As of that date, in principle any PSP able to comply with all the rules specified in this rulebook can adhere.
The section 4.4 Eligibility for participation of the VOP scheme rulebook outlines which entities can adhere to this scheme.
The API Reference Toolbox (ART) will be used for VOP interoperability tests, VOP scheme
In practice, due to the architecture of the VOP scheme and its API, adherence by non-EEA PSPs (apart from the case of a non-EEA SCT/SCT Inst scheme participant parent adhe
Both addresses can be changed at any time by sending an updated Schedule Information to the Adherence Agreement (Annex H2) to the EPC.
Yes, a VOP scheme participant can provide an email address of its RVM in the major incident reporting contact email address.
