Tag Archives: SEPA
Posted on 21. May, 2015 by Alexander Kutilov.
Since product update 409 it is already possible to import bank files in the CAMT.053 format. CAMT.053 is the SEPA successor of the MT940 statements you receive from your bank. Based on the information in the bank file, Exact Globe checks whether the statement lines can be allocated to a debtor or creditor, after which […]
Posted on 26. Nov, 2013 by Alexander Kutilov.
SEPA Direct Debit (SDD) brings quite some number of new requirements for not only the software solutions but also for customer business processes. The SEPA Direct Debit enables you, as a creditor, to make pan-European collections in euros on a one-off or recurrent basis. Launched in 2009, SEPA Direct Debit has increased creditors’ responsibilities, requiring […]
Posted on 08. Nov, 2013 by Alexander Kutilov.
As of February 1st 2014, existing domestic and international euro credit transfer and direct debit schemes will be replaced by SEPA Credit Transfer (SCT) and SEPA Direct Debit (SDD). Introducing SEPA is the largest payments initiative ever undertaken within Europe and will affect the 28 EU Member States, the three European Economic Area (EEA) countries […]
Posted on 17. May, 2012 by Alexander Kutilov.
Now that the end date for the Single Euro Payments Area (SEPA) migration has been agreed upon within Europe, the industry has begun to realize the challenges that it will face the coming years. Read more about general overview of SEPA compliance statuses as well as some short term plans of Exact Globe Next functionality […]
Posted on 12. Dec, 2011 by Alexander Kutilov.
In terms of delivering business objectives Exact is focused on the preparation of necessary infrastructure for SEPA migration of its customers around Europe. As this has already been communicated in product update news, release notes and product blog posts during 2010 and 2011, Exact Globe has built a good and firm foundation for SEPA proof […]