EPC Blog: The next generation SEPA Credit Transfer and SEPA Direct Deb...

EPC Blog: The next generation SEPA Credit Transfer and SEPA Direct Debit Rulebooks will be published in November 2014 to take effect in November 2015. EPC invites suggestions for changes to the schemes by 28 February 2014.

24 October 13

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The Single Euro Payments Area () payment schemes, as set out in the Credit Transfer () and Direct Debit (SDD) Rulebooks, evolve based on a transparent change management process adhered to by the European Payments Council (). This evolution reflects changes in market needs and updates of technical standards developed by international standards bodies, such as the International Organization for Standardization.

The next generation rulebooks ( Rulebook version 8.0, Rulebook version 8.0 and SDD Business to Business Rulebook version 6.0) and associated implementation guidelines will be published in November 2014. These rulebook versions will then take effect in November 2015.

The scheme change management process provides all stakeholders with the opportunity to participate; i.e. to introduce suggestions for changes to the schemes. All interested parties are invited to submit suggestions for changes proposed to be incorporated into the next version of the and SDD Rulebooks by 28 February 2014. Any suggestions for rulebook changes can be sent to the prior to this date and will be taken into consideration for the November 2015 release.

To learn how to engage in the and SDD scheme change management process, read the Blog ‘Next Generation Credit Transfer and Direct Debit Rulebooks Will be Published in November 2014 to Take Effect in November 2015. Invites Suggestions for Changes by 28 February 2014’ (see ‘related links’ below).



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