To make it easier to pay in euro, the EU has introduced a new standard for euro payments from October 31, 2016. The new standard requires that all euro payment files are in the SEPA format ISO200 22. National alternatives are no longer allowed.
This means that from October 31, 2016, companies have to manage all their euro payment files to their bank as SEPA payments (in the ISO 20022 XML format).
Pagero is working actively to support different bank specifications and we now support converting payment files to the data format ISO 20022 in accordance with SEPA to the following banks:
- BNP Paribas
- Danske Bank
Do you need help with sending and convert payment files to any of the above banks? Please contact us for more information:
Key Account Manager Payment Solutions
+46 (0) 31 730 88 61