PSD2 / Glossary / By Guillaume Le Marechal PSD2 PSD2 is a directive introduced by the European Parliament to harmonize payment regulations within the European Union. PSD2: what are the new European directives for payment solutions? Related definitions IBAN The IBAN (International Bank Account Number) is the international identifier of a bank account at a financial institution in a… Read more SCI SCI stands for SEPA Creditor Identifier. All creditors wishing to issue SEPA direct debits must have an SCI enabling them Read more CSV CSV is a file format that can be created or modified in Excel. Rather than… Read more UMR Stands for Unique mandate reference (UMR). It is a unique number enabling the identification of a direct debit mandate. The Read more SEPA SEPA is the Single Euro Payment Area set up by European institutions in 2002 to simplify and harmonize payment procedures Read more ISO 20022 International standard used for the exchange of financial data (payments, direct debits) between companies and banks, or between financial institutions. Read more Need more information? Find all our definitions in the Glossary section. Cegid Iziago glossary
IBAN The IBAN (International Bank Account Number) is the international identifier of a bank account at a financial institution in a… Read more
SCI SCI stands for SEPA Creditor Identifier. All creditors wishing to issue SEPA direct debits must have an SCI enabling them Read more
UMR Stands for Unique mandate reference (UMR). It is a unique number enabling the identification of a direct debit mandate. The Read more
SEPA SEPA is the Single Euro Payment Area set up by European institutions in 2002 to simplify and harmonize payment procedures Read more
ISO 20022 International standard used for the exchange of financial data (payments, direct debits) between companies and banks, or between financial institutions. Read more
