Share This

SEPA Credit Transfer Additional Optional Services

The SEPA Credit Transfer (SCT) scheme provides the sets of rules that enable a harmonised implementation by all participating payment service providers (PSPs) in Europe.

SEPA Credit Transfer Additional Optional Services 01

can also provide additional services to meet specific customer needs.

There are two types of Additional Optional Services (AOS): those proposed by communities of PSPs and those offered by individual PSPs. In both instances, AOS must neither compromise the schemes’ interoperability nor create barriers to competition. When an AOS becomes increasingly popular among scheme participants, the may consider including it in the scheme, in line with the principles governing its evolution.

List of SCT AOS proposed by communities of PSPs

National or pan-European communities of scheme participants can agree on an AOS that meets the needs of customers in specific geographic areas. One such AOS involves the use of additional data elements in the payment messages based on the ISO 20022 standard.

Any AOS must be transparent to all scheme participants and publicly available to these communities.

The publishes the list of AOS brought to its attention by the concerned communities. The EPC is, however, not responsible for the accuracy and exhaustiveness of this list.

Belgium - Description of AOS applied to SEPA Credit Transfer and SEPA Direct Debit - Structured remittance information 'OGM - VCS'

France - Description of AOS - SEPA Credit Transfer reversal

Finland - Description of AOS applied to SEPA Credit Transfer

Greece - Description of AOS applied to SEPA Credit Transfer

Italy - Description of AOS - SEPA Credit Transfer routing

Slovakia - Description of AOS applied to SEPA Credit Transfer

AOS as value-added services for individual PSPs

In addition, any is free to propose AOS of its own choice, to enrich its services and distinguish itself from its competitors, as long as these AOS respect the SCT scheme. These AOS are in the competitive space and therefore outside the ’s scope.