SEPA Readiness School
With the recent annoucement of a proposed end-date for domestic payment schemes banks and businesses across Europe need to evaluate their readiness for SEPA. Adopting SEPA can be a costly and time consuming project for any institution, so understanding what is involved and how your organisation can best handle the project is of paramount importance.
Sentenial is an expert in SEPA having worked with a number of Europe's leading banks as well as with corporate early adopters on their SEPA projects. Sentenial has turned their experience in two separate SEPA readiness streams which are available through the SEPA Readiness School.
One stream, aimed at financial institutions, will help payments professionals to assess their organisation's ability to cope with the expected high volumes of SEPA transactions. It will answer the question 'am I really ready for SEPA?' The other stream is designed to help business of all sizes evaluate their options as they begin their SEPA project. Topics covered will include 'What is SEPA', 'How to design your SEPA project', and 'SEPA for treasurers'.
The courses are all on-line and are free to attend. To sign up for the mailing list to be kept informed of course dates click here. For more information, or to request a specific course, contact Sentenial.
SEPA school for corporates
Companies of all sizes use Direct Debit and credit transfers as a regular part of their business. Sentenial has designed a range of courses to accommodate the varying needs of treasurers looking at SEPA adoption:
- What is SEPA?: this course is will serve as a SEPA introduction for those who are just starting to look at adopting SEPA. Topics covered will include the new standardised form of electronic credit transfers and Direct Debits, the implications of borderless payments in the Eurozone and what changes businesses need to make to comply with SEPA.
- SEPA for treasurers: this course is designed for larger organisations that are looking to adopt SEPA. This course will explore the differences between domestic payment schemes and SEPA, look at the impacts of SEPA on cash flow forecasting, cash pooling and simplified banking relationships.
- Designing your SEPA project: this course will help organisations to determine which type of SEPA solution is right for their business. Different options for compliance will be covered and participants will be provided with a requirements matrix that will help them to evaluate the most appropriate route towards SEPA. Also covered will be the issues around migrating existing Direct Debit schemes to SEPA.
SEPA school for financial institutions
The European commission has set out proposals for the end date for the use of domestic payment schemes. With the countdown under way, now is the time to ensure that you are ready for SEPA. This stream is for financial institutions of all sizes across Europe:
- Countdown to the end-date: this course will help institutions to assess if they are truly SEPA ready. The range of options for becoming ready will also be covered.
- SEPA for direct participants: this course is for direct participant banks who are providing services for indirect participant banks. Topics include an overview of SEPA requirements for supporting indirect participants and options for providing an indirect participants SEPA solution.
- SEPA value added services: tthis course is for financial institutions who regard SEPA as an opportunity to provide value added services to their corporate customers. In this session the issues facing corporates in adopting SEPA will be covered as well as how financial institutions can eliminate these issues by providing suitable SEPA services.