SCI

SCI stands for SEPA Creditor Identifier. All creditors wishing to issue SEPA direct debits must have an SCI enabling them to identify themselves by means of a unique identifier. The SCI is part of the data that must appear on mandates signed by debtors.

Related definitions

SEPA

SEPA is the Single Euro Payment Area set up by European institutions in 2002 to simplify and harmonize payment procedures

BIC

The BIC (Bank Identifier Code) is used to identify a financial institution in any international financial transaction. Each financial institution…

SDD

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

IBAN

The IBAN (International Bank Account Number) is the international identifier of a bank account at a financial institution in a…

Authentication

Authentication is a method enabling a computer system to verify the legitimacy of an access request before authorizing it…

SaaS

SaaS stands for Software As A Service. SaaS is a cloud-based service. When a software is available in SaaS mode,

Need more information?

Find all our definitions in the Glossary section.

SCI