SEPA compliance (SEPA)
extends TIP functions with the European Payments Council (EPC) regulations regarding the Single Euro Payment Area (SEPA):
- First SWIFTReady application certified in 2008, re-certified in 2009
- Provides data formats and business flows in compliance with EPC specifications for SEPA Credit Transfers and SEPA Direct Debits
- Enables bank-to-bank and bank-to-CSM settlement
- Provides integration with SWIFTNet through SAG (SWIFTAlliance Gateway)
- Ensures FileAct Enhanced Header support