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Former Member
Dec 20, 2006 at 09:57 PM

SEPA

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Hi all,

I can’t see from the SAP marketplace that SAP currently has made any commitment to provide SEPA-formatted XML file output for payment requests in time for the expected implementation date of Jan 1st 2008.

The directive of the European Commission is for all banks to migrate to a pan-European Automated Clearing House for domestic and cross-border Euro/Swedish Krone payments within the EU and EEA on Jan 1st 2008. We have been told that XML will be the file format used to pass payment instructions between banks from that date and, although the various committees of the EC have not yet been able to agree on/finalize the exact content/structure of this file, it is due to be published this month.

We should want to consider migrating to XML from (PEXR2002) IDOC output from SAP for appropriate payments at or around January 2008 (in order to reduce the need for and the risk implicit in having our recipient banks map IDOC values into XML and in order to provide us with more flexibility to more easily redistribute our business among our banking partners when necessary). Central to those considerations would be the need (or not) to develop our own SEPA-standard XML output file from our application. To this end, any information on ongoing development/plans at SAP to support SEPA would be very helpful to us and we should be very grateful for any insight you’re able to provide.

Many thanks in advance,

Camilla