SCT

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

Related definitions

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

Whether you’re talking about a transfer remittance or a direct debit remittance, the remittance form must be filled…

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

The deposit slip is a document handed over by a client to his banker, as part of a deposit or

A direct debit enables a sum of money to be withdrawn automatically from the debtor’s bank account, as in the

A transfer order is given by the owner of a bank account, whether an individual or a company, to pay

Find all our definitions in the Glossary section.