On 3 June 2015, the European Payments Council () published the version 4.0 of the ‘Creditor Identifier Overview’ (see ‘related files’ below).
The objective of this document is to inform creditors about the need for a Creditor Identifier (CI) on Direct Debit () mandates and forthcoming collections, and about the institution(s) in each country that can issue such CI. This document further informs Scheme Participants on how they can check the proper issuance and/or validity of CIs by providing information on the CI characteristics per country.
The publication of this new version of the ‘Creditor Identifier Overview’ follows a recommendation from a meeting of the Euro Retail Payments Board () on 1 December 2014. The version 4.0 contains further clarifications about the possible use of a single CI across ; and contact details of the department at the national institution in charge of CI issuance in those countries where CIs are issued by a single authority.
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