Background: services that can be offered by PIs
07 October 25
The European Payments Council (EPC) has released version 1.1 of all five 2025 EPC payment scheme rulebooks, which took effect on 5 October 2025. Alongside these updates, the EPC has also published updated Implementation Guidelines (IGs) and other related supporting documents.In version 1.1 of the fi
02 October 25
The European Payments Council (EPC) has published today a list of standard test cases consisting of reference IBANs, the Bank Identification Codes (IBAN-prefixes) and the corresponding Account Holding BICs. In the EPC Verification Of Payee (VOP) scheme, reachability of Payment Service Providers
01 October 25
Following the 2024 change management cycle and the need expressed by the market to simplify the SEPA Request-to-Pay (SRTP) scheme adherence process and especially the homologation process, the European Payments Council (EPC) is launching on 1st October 2025 a new simplified homologation proces
26 September 25
In 2021, the European Payments Council’s (EPC) Board established two multi-stakeholder groups to strengthen dialogue with key stakeholders: the Scheme End-User Multi-Stakeholder Group (SEU MSG), representing European associations of end-users and the Scheme Technical Player Multi-Stakeholder G
19 September 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 Marco Boldini about TerraPay’s mission to simplify cross-border payments, the challenges in account-to-account (A2A) transactions, and the company’s contribu
The aim of this document is to provide clarifications about the BIC (Business Identifier Code) to be used to corre
Background: services that can be offered by EMIs
02 September 25
The European Payments Council (EPC) is gladly announcing that the EPC Directory Service (EDS) supporting the Verification Of Payee (VOP) scheme was successfully launched today, 2 September 2025, in LIVE mode.All VOP scheme participants, Routing and/or Verification Mechanisms (RVMs), and their users
For the codes such as BANK, CBID, CHID, CINC, COID, CUST, DUNS, EMPL, GS1G, TXID, BDID and BOID, ISO 20022 does not provide explicit format validations.
