Today the European Payments Council (EPC) published version 3.0 of the Single Euro Payments Area (SEPA) Request-to-Pay (SRTP) Implementation Guidelines (IGs).
These IGs set out the rules for implementing the relevant ISO 20022 XML message standards based on version 3.0 of the SRTP scheme rulebook, which takes effect on 30 November 2023.
Three separate IG documents have been created covering SRTP related messages in the:
. Payee to Payee’s RTP Service Provider space (in both directions) (EPC258-22).
. Inter-RTP Service Provider space (in both directions) (EPC259-22).
. Payer to Payer’s RTP Service Provider space (in both directions) (EPC260-22).
A high-level summary of the main changes relative to V2.0 has been included in V3.0 of the SRTP IGs, including inter alia the alignment of the attribute numbering between the different EPC schemes and the possibility to request instalment payments or to send a credit note via an RTP message. An overview of the SRTP functional messages based on the process steps and datasets as described in the rulebook and including the corresponding ISO 20022 XML message standards can also be found in the annex to the IGs.
It is to be noted that the IGs related to the enrolment and activation processes described in V3.0 of the SRTP rulebook will be published later this year. Find out more information in “related document”.
RELATED DOCUMENT
SEPA Request-to-Pay Implementation Guidelines Version 3
EPC258-22 Payee-Payee’s RTP SP SRTP IG V3.0
EPC258-22 Payee-Payee’s RTP SP SRTP IG V3.0 XSD
EPC259-22 Inter-RTP SP SRTP IG V3.0
EPC259-22 Inter-RTP SP SRTP IG V3.0 XSD
EPC260-22 Payer-Payer’s RTP SP SRTP IG V3.0
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
