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27 April 2016

EPC: Latest news regarding Stakeholders’ Involvement


The EPC published the agenda and minutes of the latest meetings of its two stakeholder groups, i.e. the Scheme End-User Forum (SEUF), gathering representatives of the demand side of the payment market, and the EPC Scheme Technical Forum (ESTF), made up of representatives of technical players.

These groups were set up in 2015 and met for the second time in March 2016. Their goal is to express recommendations and provide feedback on the maintenance and evolution of the European Payments Council (EPC) SEPA scheme rulebooks, from an end-user and technical player point of view.

Among the various subjects addressed during the meetings, two were particularly topical:

  • In the perspective of the current public consultation on the SEPA Credit Transfer, and SEPA Direct Debit Core and Business-to-Business scheme rulebooks, the change requests requiring the stakeholders’ attention were outlined, and feedback was expressed.
  • The main characteristics of the proposed SEPA Instant Credit Transfer (SCT Inst) scheme were introduced to the stakeholders’ representatives. The public consultation of this scheme is also currently running. An updated rulebook will be published in November 2016 and take effect one year later, therefore enabling pan-European euro instant credit transfers for the first time.

The next SEUF and ESTF meetings, in August, will notably discuss the outcome of the public consultations on the EPC SEPA schemes, including the SCT Inst scheme.

Full news



© EPC


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