Are you wondering how to adhere to the schemes? Are you looking for the relevant materials to guide their implementation in your systems? Find out more here.
The first step in adhering to the payment schemes is to download the Guide to the SEPA schemes adherence process.
This guide details the eligibility criteria and the instructions for completing the adherence pack. It also lists the information and documents that payment service providers () have to provide to substantiate their adherence.
For each scheme to which the applicant wishes to adhere, three template documents have to be completed and signed.
- The adherence agreement, which summarises the main information submitted by the PSP and formalises the PSP’s participation.
- The schedule information document, in which the PSP specifies its contact details, foreseen reachability date and details for invoicing.
- The legal opinion, signed by a legal counsel internal or external to the applicant. There are two templates, one ‘standard’ and one for licensed branches of non-SEPA country institutions.
These documents are included for information in the adherence guide and available below in the adherence packs for each scheme:
As detailed in the adherence guide, other documents and information might have to be provided, for example regarding the applicant’s reachability.
The adherence pack can be sent:
- Either via the PSP’s National Adherence Support Organisation (NASO – usually the national banking association). This document provides the name and contact address of each NASO in SEPA.
- Or directly to the EPC.
New scheme participants will need the following documents to implement an scheme in their systems:
The scheme rulebook, which is the set of rules, obligations and technical standards for the execution of a SEPA payment.
The scheme Implementation Guidelines, which are the technical translation of the rulebook into ISO 20022 payment messages.
The Scheme Management Internal Rules (SMIRs) explaining the principles governing the administration and evolution of the scheme.
If you have further questions, you can contact the EPC.