In general, Applicants are expected to first consult a NASO before submitting their application to the EPC.
No. The underlying obligations under the Scheme are the responsibility of the adhering PSP only and not the Agent.
See response to Question 9.
Yes, the organisation can act as an Agent on behalf of its members, subject to the foregoing provisions.
If a PSP or an association signs as Agent on behalf of another, the two parties must have taken the necessary legal steps to establish the necessary authority for the agency arrangement.
One PSP or an association may sign on behalf of all or some of the PSPs in the group. In so doing it is signing only as Agent and all liabilities are assumed by the adhering PSP as if it had itself signed.
It is mandatory that all legal entities making and receiving SEPA Scheme payments will join the Scheme.
No, these subsidiaries are responsible for their own acts and omissions.
No, such subsidiaries or affiliated institutions (i.e., any entity with a separate and distinct legal personality within your organisation) will need to execute a separate Adherence Agreement.
No. Such branches are not eligible to participate in the Scheme.
