What Does The Sepa Reachability Requirement Mean?

1.	What Does The Sepa Reachability Requirement Mean?
Answer» Reachability refers to the obligation of payment service providers to ensure that any payment account that can be used for sending or receiving CREDIT transfers and/or DIRECT debits in euro at the national LEVEL can also be used for sending or receiving equivalent SEPA credit transfers and/or SEPA direct debits in euro. Reachability refers to the obligation of payment service providers to ensure that any payment account that can be used for sending or receiving credit transfers and/or direct debits in euro at the national level can also be used for sending or receiving equivalent SEPA credit transfers and/or SEPA direct debits in euro.

Answer»

Reachability refers to the obligation of payment service providers to ensure that any payment account that can be used for sending or receiving CREDIT transfers and/or DIRECT debits in euro at the national LEVEL can also be used for sending or receiving equivalent SEPA credit transfers and/or SEPA direct debits in euro.

Reachability refers to the obligation of payment service providers to ensure that any payment account that can be used for sending or receiving credit transfers and/or direct debits in euro at the national level can also be used for sending or receiving equivalent SEPA credit transfers and/or SEPA direct debits in euro.

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