EBA CLEARING responds to corporate need for extended remittance information

The Company’s STEP2 payment platform will support up to 999 invoice references in one SEPA transaction.

EBA CLEARING is preparing to support additional remittance information in SEPA messages processed by its pan-European retail payment system STEP2. As the Company announced at the EBAday conference in Helsinki today, STEP2 will be in a position to handle the extended remittance information capacity that banks will be able to offer to corporate customers as an optional service from May 2015 on.