SEPA Newsletter (October 2017)

In this newsletter, we come back on 5 points related to the SEPA Rulebook.

BNP Paribas gives you more information on this topic in the following newsletter:

Connexis Gateway

Add Connexis Gateway host-to-host transfer to your Connexis Cash E-banking application to flawlessly exchange payment and reporting files.

End of day account statement

The end of day account statement which is used and required by 100% of clients, is available in multiple formats (MT940, camt.053, CFONB120, BAI2, etc.).
Take only the MT940: you can get it in its classic version, in the SAP version and even in a customized version.
With this choice, our goal is to help you automate end-of-day account statement import for treasury purposes (global view on liquidity) and for accounting purposes (account clearing and invoice reconciliation).

Traceability monitoring services

Our traceability monitoring services enable to monitor your account payables and account receivables throughout the entire lifecycle. They range from email alerts to file integration (e.g. pain.002, camt.054), including online services in Connexis.

Virtual Account Management

Unleash the full the benefits of Virtual Solutions with our Virtual Account Management Platform.

Instanea

lnstanea is our Instant Payment acceptance solution for our Corporate customers, looking to offer a new payment mean to their clients, through a powerful combination of payment initiation through PSD2 APls and SEPA Instant Payment for Account to Account (A2A) payments. By sending a payment link to the customer, the merchant is in control of the remittance information

SEPA Request-to-Pay

Increasing the automatic reconciliation rate of receivables is a crucial business efficiency issue. Thanks to SRTP, you can gain more control over your collection process..

SRTP is a real-timemessagingfunctionality, to facilitate a frictionless payment process between biller and payer, giving the SRTP initiator a convenientway of sending a payment request, the ability to track the process in real-time and obtain payment acceptance confirmation, and to improve reconciliationby beingin control of the remittance information.

SEPA Direct Debit

SEPA Direct Debit is the solution for your collections in Europe and beyond. With a geographic scope of 34

countries and a standardised processing across the SEPA area it is the foundation of any collections setup. Since

its creation BNP Paribas is the largest processor of SEPA Direct Debits through robust processing and

application of best practices.

SDD Replay

SEPA Direct Debit is the payment instrument for your collections within the large geographic scope of the SEPA zone.

Thanks to its ease of use and efficiency, it is used to provide improve the collection process at creditor side, but also to

provide a frictionless method for the debtor. BNP Paribas’ SDD Representation of Unpaid transactions service brings the

next level of efficiency to SEPA Direct Debits.

EasyCollect

In order to ease the management of your SEPA Direct Debits, BNP Paribas can provide you with the EasyCollect solution, a complete platform from electronic signature to mandate and SDD management.