Надсилаємо до відома та використання в роботі підготовлені Європейською платіжною радою тимчасові заходи і рішення щодо міжнародних електронних кредитних переказів у євро в межах Європейського союзу/Європейської економічної зони (EU/EEA).

Circulation: EPC Members

Restrricted: No______________________________________________

Background

As part of its work plan the EPC Electronic Credit Transfers Working Group (ECTWG) proposes a number of interim measures for submission to the EPC Plenary, in advance of the new SEPA Electronic Credit Transfer scheme design which forms its principal deliverable in 2005.

These measures will serve to address and clarify urgent issues and thereby improve the overall quality of transactions in SEPA.

The measures are as follows:

1. Clarification of Credeuro and ICP conventions

The points of clarification of the Credeuro and ICP conventions are as follows:

1.1. The scope of both conventions is interpreted to include both direct and indirect participants (being credit institutions licensed in a Member State of EU/EEA) in national and/or cross-border euro clearing systems.

1.2. The scope is interpreted to include non-time critical cross border credit transfers in euro with an amount below the threshold of Regulation EC/2560/2001, currently euro 12.500 and euro 50.000 with effect from January 2006.

1.3. The scope is interpreted to include such euro credit transfers referred to in 1.2 above from and to customer accounts denominated in euro and also customer accounts denominated in the currency of the non-euro EU/EEA country where they are maintained.

1.4. Any period taken to complete a required currency conversion is interpreted to fall outside the maximum execution period for such transfers.

1.5. The scope only includes credit transfers using the shared charging option.

2. Further actions

2.1. The EPC will urge the relevant authorities in all EU and EEA countries to increase the threshold for balance of payments reporting no later than January 2006 to at least И 50,000 in order to ensure compatibility with Regulation 2560/2001.

2.2. The EPC urges all national communities to take all necessary steps to comply with the EPC Resolution on Receiver Capability (DOC EPC-0265/03) no later than 1 January 2006.

3. Resolution on the mandatory usage of IBAN and BIC

Building on its achievements so far, the EPC will continue to further promote the widespread and comprehensive usage of IBAN and BIC. In due course the EPC will make recommendations as to the evolution of a long term policy towards account identification and related routing information for use in SEPA payment schemes as appropriate.

In the meantime the European Payments Council resolves that:

3.1. Commencing on 1 January 2006, IBAN and BIC will be recognized as the only beneficiary customer account identifier and bank routing designation accepted by banks domiciled in EU/EEA for any intra EU/EEA euro cross-border customer credit transfers exchanged between customer accounts domiciled in the EU/EEA irrespective of the amount of such credit transfers.

3.2. To allow for the complete adaptation of the market to these rules, there will be a transition period to the end of 2006 during which banks will handle credit transfers where the beneficiary customer account is identified in a different way than by IBAN on an exceptional basis, as a value added service.

3.3. Following the transition period referred to in 3.2 above, banks sending euro intra-EU/EEA cross border customer credit transfers will exclusively use IBAN and BIC as beneficiary's account identifier and bank routing designation. Banks receiving euro intra-EU/EEA cross border customer credit transfers with other identification are entitled to reject or return them as a matter of normal practice. The latter does not apply to banks receiving such payments through their national clearing system.