As of the entry into force of the 2019 Single Euro Payments Area (
) Credit Transfer (
) rulebook on 17 November 2019, the
scheme contains a new annex V describing the Extended Remittance Information (
) option. The
published today a guidance document which provides detailed information on how to instruct
, including a number of practical examples.
The also published an updated version of its Recommendation on Customer Reporting of SCTs (including and ) and Direct Debits (SDDs) ( core and ). The aim of this document is to present a mapping of the rulebook requirements vis-à-vis the ‘Transaction Details’ message elements of the ISO 20022 reporting messages. The version from 2013 has been revised to be in line with the latest rulebook versions and hence includes recommendations related to as well as to the option.
Find out more in ‘related documents’.
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