The paper seeks consistent implementation of the SCT and SDD Rulebooks by payment service providers participating in the schemes.
In January 2013, the European Payments Council (EPC) first published a clarification paper, which addresses operational aspects related to the SEPA Credit Transfer (SCT) and SEPA Direct Debit (SDD) Schemes.
The EPC published version 2.0 of the clarification paper in June 2013. It covers the following aspects: character set, pre-notification, sequence types for SDD collections, R-transactions and currency conversion. The paper provides guidance and, where feasible, recommendations to scheme participants on how to handle situations that are not described in the rulebooks.
On 25 November 2014, the EPC published version 2.1 of the clarification paper including a few updates compared to the version 2.0 published in June 2013:
At the start of section 3, an important announcement was added regarding the SDD Core collection time cycle and the use of the sequence type ‘First’ under the SDD Core and SDD Business to Business (B2B) Rulebooks applicable as of November 2016.
Section 3.8 includes an important change on the use of the sequence type ‘First’ relevant to both the SDD Core and SDD B2B Rulebooks applicable as of November 2016. A clarification is given on the sequence type to be used for the representation of a returned one-off and last SDD collection. Finally, a note is included regarding a refunded one-off or last collection.
The version 2.1 of the clarification paper on SCT and SDD reflects the changes regarding the standard time cycle to be incorporated into the SDD Core Rulebook version 9.0 and the use of sequence types to be incorporated into the SDD Core Rulebook version 9.0 and SDD B2B Rulebook version 7.0 to take effect in November 2016.
Full press release
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