SEPA Solution

As of February 1, 2014, SEPA is introduced as a pan-European payments standard for credit transfers and direct debits. As of February 1, 2014, SEPA is introduced as a pan-European payments standard for credit transfers and direct debits. Here, not only the account number and the bank routing number be replaced by IBAN and BIC. Also the well-known DTA file format is replaced with the new format SEPA-pain. Here, not only the account number and the bank routing number be replaced by IBAN and BIC. a>, another great source of information. Also the well-known DTA file format is replaced with the new format SEPA-pain. Especially in the area of direct debit, there are more fundamental changes. So for example the creditors requires a creditor ID and for every debit the creditor must prove a valid mandate of the debtor.

Also have a direct debit in time announced at the debtor’s (prenotification) are. In addition to increased administration efforts, SEPA brings but also some benefits. Transfer amounts will be faster on the after the introduction of the SEPA Enter the recipient account. Also, the notice has become necessary to the debit can be used also as a means to build customer loyalty. The introduction seems to be still far away in less than a year.

But to avoid unnecessary time pressure, we recommend our clients to deal now with the topic. You can judiciously and strategically planning processes and take advantage of the positive aspects of this change for the company. An ad hoc change shortly before the deadline such strategic questions remain unfortunately mostly unnoticed,”says Managing Director Heiko Simonek. WOGRA Consulting offers a new solution, the SEPA generator, to facilitate the transition to the SEPA payments. The modular approach allows the customer to bring the solution to the desired and exact extent. Thus, the companies will receive an individually optimised SEPA solution. Software solution keeps ready interfaces, connecting to an existing system as simple as possible makes. So are posting lists and old DTA files imported and it generates the new SEPA-PAIN documents. In addition, the client/server solution is equipped with an extensive system of rights and mechanisms to ensure the security of revision. The solution is designed so that the customer requirements without programming can be implemented by simply customizing. In addition to the software solution itself we offer extensive SEPA consulting and development services and provide a quick and efficient transition”, according to managing director Wolfgang Grass Court over the services of WOGRA Consulting GmbH. For more information on and. Wolfgang Grass Court