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ISO 20022

ISO 20022

International standard used for the exchange of financial data (payments, direct debits) between companies and banks, or between financial institutions.

Related definitions

SCT

SCT stands for SEPA Credit Transfer. It enables payments to be made in euros in the 36 member countries of

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SDD

SDD stands for SEPA Direct Debit. It enables the collection of payments in euros in the 36 member countries of

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PSD2

PSD2 is a directive introduced by the European Parliament to harmonize payment regulations within the European Union.

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