LNB News 25/04/2025
Document Information
Issue Date: 25 April 2025
Published Date: 25 April 2025
Jurisdiction(s): Eire and European Union
The European Payments Council (EPC) has published revised clarification papers for the EPC Payment Scheme Rulebooks and updated recommendations on customer reporting, effective 25 April. The updates include Clarification Paper Version 3.1 for the 2023 and 2025 SEPA Credit Transfer (SCT) and SEPA Instant Credit Transfer (SCT Inst) rulebooks, and Version 4.1 for the 2023 and 2025 SEPA Direct Debit Core (SDD Core) and Business-to-Business (SDD B2B) rulebooks. The documents provide practical guidance for payment service providers when implementing these rulebooks and addressing scenarios not covered by them. Additionally, EPC has published updated recommendations on customer reporting for SCTs, One-Leg Out Instant Credit Transfer, and SEPA Direct Debits.
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