IBAN

The IBAN (International Bank Account Number) is the international identifier of a bank account at a financial institution in a given country. You can find your IBAN on your banking details.

Related definitions

STP (Straight Through Processing)

Straight-through processing (STP) is an automated transaction processing process that uses only electronic transfers, with no manual intervention, …

Value date

The value date corresponds to the date on which a given bank transaction, whether debit or credit, is booked…

PSD2

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

SEPA zone

The SEPA comprises 36 member countries: the 28 countries of the European Union, the 5 European micro-states, …

ECB

The European Central Bank (ECB) is the European Union’s main monetary institution.

SCI

SCI stands for SEPA Creditor Identifier. All creditors wishing to issue SEPA direct debits must have an SCI enabling them

Need more information?

Find all our definitions in the Glossary section.

IBAN

IBAN

Related definitions

STP (Straight Through Processing)

Value date

PSD2

SEPA zone

ECB

SCI

Need more information?

Contactez-nous

Contact us