SWIFT is the registration authority for BICs. Contact SWIFT and request a valid BIC. This process may take at least a month.
Yes, each organisation must have at least one valid BIC in order to become a Participant. Your organisation will not be able to adhere to the Scheme if it does not have a valid BIC.
A list of NASOs is provided on the EPC website.
The relevant NASO at the first instance and the EPC Secretariat.
There is an appeal process in the event that an application is declined. Please consult the EPC Payment Scheme Management Rules for further details on this process.
Based on the Scheme eligibility criteria set out in section 5.4 of the Rulebooks.
Yes.
The data will usually be handled first by a relevant NASO as described in the EPC Payment Scheme Management Rules.
This is set out in the Rulebook. In short:
Under the answer to Question 3 above, arrangements for providing a future date for registration are explained.
