After February 1st 2014, file formats currently used for payment orders (credit transfers or direct debits) will no longer be accepted by banks in most Euro countries. National formats (AFB or CFONB for France) will be abandonned in favor of European formats based on the XML ISO20022 standards.
Two countries have asked to postpone the End Date to 2016 but in all others (including France), every enterprise will be under the obligation to implement these new formats and migrate their applications or flows online in a way that meets SEPA requirements.
The stakes are high: if enterprises are not ready by February 1st, salaries and suppliers will not be paid and debts will not be recovered.
The SEPA project in the enterprise will need to take into consideration the technical aspects ("pain.001" support for credit transfers, "pain.008" for direct debits, BIC/IBAN), the functional aspects (relation, mandate support, delays, sequence) and the organizational and financial impacts without missing the handling of the banks returns.
The main difficulties that the enterprise will face are the following:
When the enterprise sends direct debits, additional aspects must also be handled:
The new BIC and IBAN support must not be forgotten although the BIC should progressly disappear over the next two years.
Pour les associations et les PME, SEPA_NDAT permet de générer très simplement des ordres de virement, des demandes de prélèvement ou des demandes de règlement SEPAmail à partir de fichiers Excel, de fichiers csv ou par saisie de type portail bancaire.
SEPA_NDAT now allows associations and SME to generate SEPA credit or debit orders easily from Excel or csv files or via keying.