E1: 74: SEPA Credit Transfer And Bank Transfer New Format 2023 (Doc ID 2992981.1)

Last updated on APRIL 08, 2024

Applies to:

Symptoms

New legal functionality is requested for SEPA Credit Transfer.

Starting with November, the SEPA Credit Transfer service request message will be based on pain.001.001.09 schema instead of the previous pain.001.001.03.
Similarly, the payment status report message will be based on pain.002.001.10 schema instead of the previous pain.002.001.03.

1. Introduced changes on Excel and XSD standards regarding uniformity check of currency by bill, and removal of alternative presence constraint at XSD level.
- Sec.2.13.1.2, items 15. 21: further clarified the meaning of the check on the presence of Name, Address and AnyBIC Identifier of Ultimate Debtor, Creditor and Ultimate Creditor.

2. On November 19th, 2023, the new version of SEPA Credit Transfer Implementation Guidelines (IGs) will enter into force. The new version of the IGs is based on the 2019 set of ISO 2022 messages, instead of the 2009 messages on which the previous version was based on. As a result, the service request message will be based on pain.001.001.09 schema instead of the previous pain.001.001.03. Similarly, the payment status report message will be based on pain.002.001.10 schema instead of the previous pain.002.001.03.

Changes

Cause

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