Is your Jeeves ERP ready for SEPA?
This autumn, 31 October is Sweden's SEPA End Date
SEPA – Single Euro Payments Area
SEPA was developed and is run by the European Commission and Europe's banks. It aims to provide uniform euro payments for individuals, businesses and other European participants, treating domestic and cross-border payments in the same way.
Your Jeeves system must support the new SEPA standard so your business can continue sending and receiving euro payments efficiently in time and cost.
Contact your bank
New payment services differ between Swedish banks. Contact your bank to find out which service it offers to address this.
Does this affect us in Sweden?
Yes. SEPA includes all 28 EU member states plus Iceland, Norway, Liechtenstein, Monaco and Switzerland. Eurozone countries have used SEPA for all euro payments since 1 August 2014. Outside the eurozone, the transition deadline is 31 October 2016.
Jeeves ERP and SEPA
From Jeeves version 12.0, Jeeves ERP supports the customer-to-bank credit transfer scheme based on ISO 20022 XML. Version 13.0 also supports incoming direct debit payments and reading payment acknowledgement files.
Want to learn more about SEPA and Jeeves ERP?
Contact Systemstöd at one of our offices here >