The European Payments Council (EPC) is pleased to announce that the Verification Of Payee (VOP) scheme adherence process is now open. All current and future SEPA Credit Transfer (SCT) and/or SEPA Instant Credit Transfer (SCT Inst) scheme participants affected by the amended SEPA Regulation provisions on verification of payee must adhere to the VOP scheme, register into and fund the EPC Directory Service (EDS).
The VOP scheme adherence process consists of two key steps:
- Documental adherence– submission and approval of adherence documents.
- EDS onboarding and update– self-registration in the EDS by applicants (available in Q3-2025).
To ensure a smooth adherence process before the 5 October 2025 deadline, the EPC has introduced three adherence waves. Participants are encouraged to begin preparations early to avoid last-minute overload. For more information, please visit the dedicated page: Toolkit For New Verification Of Payee Scheme Participants
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