Hi Ted, Thanks for your reply.
I will try to answer your questions as extensive and precise as possible (given that I don't know everything there is to know regarding this subject). First of all, I don't believe it is feasible to come up with a solution that enables all variations possible within a reasonable timeframe. Secondly, in current setup several payment processing solutions are already hard-wired in the accounting component. These payment processing solution are provider specific, and as far as I know SEPA only defines Pan-EU guidelines and regulations. EU nations have their own agendas and therefor each bank in each country can - as influenced by their own legacy system - deviate to some extend from the EU program and national programs. I know for a fact that in The Netherlands the central bank is driving the national program and the larger system banks differ from each other regarding their implementation projects.The only mandatory aspect is the deadline of February 1st, 2014 to have SEPA solutions in place. Having done a short rond of questions with a few Dutch banks I learned that these banks do vary regarding the technical implementation. I assume this is applicable regarding any other EU nation and bank in these nations. That is why I am asking for sharing insights regarding these per-country and bank differences. As I already tried to outline in my initial email I plan to focus on a feasible scope and plan regarding: - IBAN Account definitions (IBAN - see this link<http://en.wikipedia.org/wiki/International_Bank_Account_Number>) and their association to parties - SEPA Credit transfers (SCT - see this link<http://www.europeanpaymentscouncil.eu/content.cfm?page=sepa_credit_transfer>) regarding payment of purchase invoices, expenses and other payments related to IBAN- - SEPA Direct Debits (SDD - see this link<http://www.europeanpaymentscouncil.eu/content.cfm?page=sepa_direct_debit_(sdd)>) regarding payment of sales invoices related to IBAN As for your remarks and question regarding the anti-fraud practices and/or recommendations I don't have any insights to share. It hasn't been on my mind yet. With regards, Pierre Smits *ORRTIZ.COM <http://www.orrtiz.com>* Services & Solutions for Cloud- Based Manufacturing, Professional Services and Retail & Trade http://www.orrtiz.com
