SEPA payments

The Single Euro Payments Area (SEPA) is a European regulatory initiative to improve the efficiency of Euro cross-border payments by creating one set of standards that apply to all Euro payments made across the SEPA countries.

SEPA is made up of the 28 EU member states, Iceland, Lichtenstein, Norway and Switzerland, Monaco and San Marino. SEPA payments can also be made and received to 13 territories. Guidelines exist on format standards for all Euro payments within the SEPA region.

Local Currency: Euro (EUR)

ISO Country Code: Varies by country. See section 2.2 Coverage or Appendix C: for a list by country.

Only one format is available when making SEPA payments. The BIC and IBAN are mandatory for all SEPA payments.

 

Template Field Name	API Field Name	CSV Field Name	M/O	Field Length	Description
Bank Name	BankName	bank name	Mandatory	30	Name of the beneficiary (payee) bank
Payee	CustomerName	payee	Mandatory	30	If the beneficiary (payee) is an individual, this should be their full name including both their first and last name (no initials) with a space in-between. If the beneficiary (payee) is a company, this should be the full company name. Failure to provide the full name could result in delays and potential rejection of your payment. This must consist of 2 words, separated by a space.
IBAN	IBAN	iban	Mandatory	Varies by Country	The International Bank Account Number (IBAN) is the account number of the beneficiary (payee).   The format and length of the IBAN varies by country. See Appendix C: for a list by country.
SWIFT BIC	SWIFT	swift	Optional	8 or 11	The SWIFT BIC is the Bank Identification Code of the beneficiary (payee) bank.   It can be 8 or 11 alphanumeric characters.   Note: If SWIFT BIC is only 8 characters, do NOT infill to 11 characters by adding XXX. This causes the payment to be sent as an international payment instead of a domestic payment.
Beneficiary Details
Address Line 1	AddressLine1	B_Addre ssLine1	Optional	35	Beneficiary’s residential (if payee is an individual) or registered (if payee is a company) house number/name and street e.g. 1 Main Street
Address Line 2	AddressLine2	B_Addre ssLine2	Optional	35	Beneficiary’s residential (if payee is an individual) or registered (if payee is a company) address e.g. apartment no., unit, studio
City	City	B_City	Optional	35	Beneficiary’s city or town of their residential (if payee is an individual) or registered (if payee is a company) address
Postal/Zip Code	Postcode	B_Postc ode	Optional	10	Beneficiary’s postal code or zip code of their residential (if payee is an individual) or registered (if payee is a company) address
Country	CountryCode	B_Count ryCode	Optional	2	Beneficiary’s country of their residential (if payee is an individual) or registered (if payee is a company) address.   If using the templates, select from the drop down or enter the 2 digit ISO 3166-1 standard country code in csv or API request. This can be found at the following link:   http://www.iso.org/iso/country_cod es
Date of Birth	DateOfBirth	N/A	Optional	10	Beneficiary’s date of birth in DD/MM/YYYY format.   If using the templates, select date, month and year from drop down or enter in DD/MM/YYYY format in API request (not available in csv request)

 

 

 

 

 

 

SEPA (Single Euro Payments Area) is a European regulatory initiative to create a standard format for processing Euro transactions across 47 markets in Europe.

It harmonises the way Europeans make payments in these countries. By making bank transfer payments work to a common set of rules, the Single European Payments Area aims to make payments within the EU easier and more efficient.

SEPA compliance

Compliance with the SEPA format for Euro transfers is a mandatory requirement for Worldpay AP. To process payment instructions to recipients in these countries and territories we have to comply with it.

These instructions are referred to as SEPA Credit Transfers (SCT). Through the system integrations we have with our partner banks we hope to have removed the complexities of this for you.

Principal countries in SEPA (for EUR transfers)

Euro area countries

Country	ISO code	Local currency
Austria	AT	EUR
Belgium	BE	EUR
Cyprus	CY	EUR
Estonia	EE	EUR
Finland	FI	EUR
France	FR	EUR
Germany	DE	EUR
Greece	GR	EUR
Ireland	IE	EUR
Italy	IT	EUR
Latvia	LV	EUR
Lithuania	LT	EUR
Luxembourg	LU	EUR
Malta	MT	EUR
Netherlands	NL	EUR
Portugal	PT	EUR
Slovakia	SK	EUR
Slovenia	SI	EUR
Spain	ES	EUR

Non-Euro countries

Country	ISO code	Local currency
Bulgaria	BG	BGN
Croatia	HR	HRK
Czech Republic	CZ	CZK
Denmark	DK	DKK
Hungary	HU	HUF
Poland	PL	PLN
Romania	RO	RON
Sweden	SE	SEK
United Kingdom	GB	GBP

Non-EU countries

Country	ISO code	Local currency
Iceland	IS	ISK
Liechtenstein	LI	CHF
Monaco	MC	EUR
Norway	NO	NOK
San Marino	SM	EUR
Switzerland	CH	CHF

Other territories in SEPA

Payments in Euros to the following territories are also classified as SEPA credit transfers, and require the same recipient bank information to be captured:

• Aland Islands (FI)

• Azores (PT)

• Canary Islands (ES)

• French Guiana (GF)

• Gibraltar (GR)

• Guadeloupe (GP)

• Madeira (PT)

• Martinique (MQ)

• Mayotte (YT)

• Reunion (RE)

• St Barthelemy (BL)

• Saint Martin (MF)

• Saint Pierre & Miquelon (PM)

SEPA: Recipient bank account information (Euros (EUR))

The table below indicates the bank account information required for Euro transfers to recipient accounts based in countries and territories within the SEPA region.

Field name	API field name	Length	Comments
Bank name	bankName	50	The name of the bank where the recipient holds their account.
Branch location	branchAddress	50	Optional: General location is acceptable (for example, Madrid)
Payee	Payee	35	The name of the recipient as specified on the bank account.
IBAN	Iban	-	International Bank Account Number (IBAN).
SWIFT BIC	Swift	8/11	The SWIFT (BIC) code of the recipient bank. Note: If SWIFT BIC is 8 characters, do NOT infill to 11 characters by adding XXX.  This causes the payment to be sent internationally