Titre de la prsentation

1
(No Transcript)
2
SEPA a bed of roses?

• SCT
• Reachabilityalmost all the banks will be
  reachable, but in reality?
• In this case, what will happen with the
  transfers?
• Rejects, returns what format, which channel?

3
SEPA a bed of roses?

• SCT
• Where will the SCT be exchanged?
• In STEP2, in a local ACH (CORE,BICOMP,), on a
  bilateral basis?
• Easy reconciliation?

4
SEPA a bed of roses?

• SCT
• What about the cut-off time, or rather the
  cut-off times?
• Depending on the way the SCTs are exchanged
• Changes for some domestic payments

5
SEPA a bed of roses?

• SCT
• Amount No limit in amount for the SCT what
  kind of bilateral or
• multilateral limit in a system designed for low
  value payments?

6
SEPA a bed of roses?

• SDD
• a lot of issues still pending
• Mandate kept by the creditor bank, by the debtor
  bank, by both?
• Illimited amount cost of risk
• Fraud
• Appetite from the corporate?

7
SEPA a bed of roses?

• CARDS
• What business case?

8
SEPA a bed of roses?

• Finally
• Maybe few SCTs to start with
• But a risk of discrepancies on interpretation
  between banks and claims from customers
• SDD still to come
• CARDS remain to be seen