SEPA Credit Transfer: How to understand and add value to your SCT Payment Project - 2nd Edition

If you are a business analyst, solution designer, architect, tester, or project or program manager working on SEPA Credit Transfer related projects, you will want to understand the SEPA Credit Transfer and how banks implement it without having to read tons of documents. Are you looking for answers to questions around SCT messages, the payment engines used to process them, and the other applications and systems involved in SCT processing? This book will provide you with these answers and much more. Key concepts in payments like clearing, settlement, and direct and indirect participants are explained. Payment processing value chain, payment engines and interfaces are discussed, and you will get step-by-step explanations of accounting and account balance management and their underlying principles.

This new edition incorporates the latest major developments in the SCT scheme, namely SCT Inquiry and SEPA migration to the 2019 version of the ISO 20022-based XML messaging standard. The various migrations to the ISO 20022 in the SEPA area are put into perspective to help you acquire the killer skills of payments professionals in the years to come. This book will enable you to save precious time and move to the fast track in your career in banking and payments.

"I have met few people who understand and can teach payments and SEPA Credit Transfer like Jean Paul. This book is a step-by-step guide to really master SCT and the payments topic for consultants and people implementing payments systems. Jean Paul makes payments incredibly easy for anyone." Jeroen Holscher, Global head of Cards and Payments at Capgemini.

Dettagli