A VOP scheme participant should not try to send VOP requests to non VOP scheme participants (e.g., based outside the Eurozone of the EEA or outside the EEA).
As specified in the VOP scheme rulebook, the Requesting PSP must instantly communicate the VOP response to the Requester (Payer) as provided by the Responding PSP.
14 January 26
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council.We spoke with Jose-M (Chema) Buey, Director and Global Head of Client Account Services at Deutsche Bank’s Corporate Bank, about the industry-wide go-live of Verification o
06 January 26
The European Payments Council (EPC) is delighted to announce three new members joining the EPC as of 1 January: Bits, Revolut Bank and Wise. New membership is a testimony of growing industry interest in the EPC as a key player promoting standardisation, innovation in the collaborative space, and inc
18 December 25
Today, the European Payments Council (EPC) launched two key publications linked to the Verification Of Payee (VOP) scheme rulebook (and related documents).First, the EPC is conducting a public consultation on urgent change requests to be introduced into a new version 1.1 of the VOP scheme rulebook (
11 December 25
The European Payments Council’s (EPC) Dispute Resolution Committee (DRC) – the body responsible for the compliance function of scheme management - entered into force on 1 April 2020, when the revised EPC By-laws as well as the Dispute Resolution Committee Mandate became effective. Three seats i
01 December 25
The European Payments Council (EPC) today published the 2025 update of the Payment Threats and Fraud Trends Report, providing a detailed overview of the most significant threats and “fraud enablers” in the payments landscape, with a focus on recent attacks and the broader attack vector landscape.Key
24 November 25
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council.We spoke with Jorgovanka Tabaković, Governor of the National Bank of Serbia (NBS), about Serbia’s path towards joining the Single Euro Payments Area (SEPA), the digital tr
20 November 25
The European Payments Council (EPC) has determined that the launch of the Verification of Payee (VOP) scheme on 5 October 2025 was a remarkable collective success for the community of European payment service providers (PSPs) and their technology service providers. This joint effort has delivered a
Each of these documents (Legal Authority, Adherence Agreement and Legal Opinion) needs to be signed and dated. The documents may all be signed at the same date. However, due to practical issues this is sometimes not possible.
