The European Payments Council ( ) publishes updated versions of the Credit Transfer ( ) and Direct Debit ( ) Rulebooks once annually, in November of each year, to take effect in the following year. In November 2011, the published:
- The Rulebook version 6.0.
- The Core Rulebook version 6.0.
- The Business to Business (B2B) Rulebook version 4.0.
These rulebook versions have been updated to include version 4.0 of the Scheme Management Internal Rules. The Core Rulebook and B2B Rulebook have been further updated to reflect the requirements of Articles 6(3) and 8 of the 'Regulation ( ) No 260/2012 establishing technical and business requirements for credit transfers and direct debits in euro and amending Regulation (EC) No 924/2009', which stipulate that as of 1 November 2012 cross-border multilateral interchange fees for direct debits per-transaction are no longer allowed and that R-transaction interchange fees can be applied under certain conditions. The rulebook versions that take effect on 17 November 2012 are therefore the Rulebook version 6.1, the Core Rulebook version 6.1 and the B2B Rulebook version 4.1.
For more information, read the Blog 'New Rulebook Versions and Associated Implementation Guidelines Take Effect on 17 November 2012' (see link below). This blog links to the rulebook versions and associated implementation guidelines which take effect on 17 November 2012.
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