1.

What Data Do I Need To Provide My Payment Service Provider With In Order To Initiate A Sepa Credit Transfer?

Answer»

In order to initiate a SEPA credit transfer, the PAYER is required to provide his/her payment service provider with:

  • His/her name and/or the IBAN of his/her payment account;
  • The AMOUNT of the credit transfer;
  • The IBAN of the payee’s payment account;
  • Where AVAILABLE, the payee’s name;
  • Any remittance information (allowing for 140 characters).

In order to initiate a SEPA credit transfer, the payer is required to provide his/her payment service provider with:



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