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

BIC

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

SCT

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

SEPA

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

SaaS

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

Authentication

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

UMR

Stands for Unique mandate reference (UMR). It is a unique number enabling the identification of a direct debit mandate. The

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SCI

SCI

Related definitions

BIC

SCT

SEPA

SaaS

Authentication

UMR

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