The islands of Jersey, Guernsey, and the Isle of Man (known as ’British Crown Dependencies’) will become as from 1 May 2016 part of the geographical scope of the schemes. Payment Service Providers of these territories benefit from a three-month period after this announcement in order to be operationally ready to implement the SEPA schemes. This period also provides existing scheme participants and other technical players sufficient time to adapt their systems.
If you would like to comment on this article, please identify yourself with your first and last name. Your name will appear next to your comment. Email addresses will not be published. Please note that by accessing or contributing to the discussion you agree to abide by the EPC website Terms and Conditions.