SEPA Directory
Being able to process SEPA payments efficiently is essential and the SEPA Directory is ideal if you need to prepare and process SEPA payments.
SEPA Directory enables a flawless SEPA payments process, including payment routing data and your ability to process SEPA scheme transactions.
This product replaces SEPA Plus and IBAN Plus.
Bebefits
Learn more about SEPA Directory
Learn more about SEPA Directory
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What is the SEPA Directory?
Some institutions are members of multiple Clearing and Settlement Mechanisms (CSMs). Some are only indirect members, receiving payments via intermediary institutions. And some can’t yet process all SEPA payment types.
So identifying the appropriate payment channel within SEPA can be a considerable challenge.
SEPA Directory provides the data needed to validate SEPA payment messages, as well as the information required for accurate and efficient routing.
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How can this directory help you?
- Identify bank codes and their SEPA IBAN suitability to enable SEPA IBAN validation
- Find SEPA-specific BIC codes to enable completion of the BIC from the IBAN
- Shows SEPA Credit Transfer and SEPA Direct Debit adherence to the SEPA schemes
- Details on how SEPA IBANs are structured in each SEPA country
- Identify SEPA clearing channels through which a beneficiary institution can be reached
- Identify intermediary institutions if the beneficiary institution is an indirect CSM participant
- Find SEPA routing information: Automated Clearing House and reachability
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What you can find in this directory
Cross-referenced BIC, FINplus Distinguished name (DN), domestic bank code, Legal Entity Identifier (LEI)
Organisation info (head office and branch) and type of financial entity
Entities names and postal addresses (including in ISO20022 format), and in local language
SEPA clearing and settlement mechanism (CSM) participant list
Bank’s reachability for SEPA payments through a CSM
Bank’s formal adherence to the SEPA schemes: SCT, SCT Inst, SDD B2B and SDD Core