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

SDD

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

BIC

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

PSD2

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

STP (Straight Through Processing)

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

SCT

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

SaaS

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

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SCI

SCI

Related definitions

SDD

BIC

PSD2

STP (Straight Through Processing)

SCT

SaaS

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