Sentenial | SEPA Compliance Ready2Receive Direct Debit Process Solutions

SEPA Ready2Receive (R2R) is a new initiative from Sentenial, designed to offer Banks across Europe an alternative and more simplistic solution to their SEPA Direct Debit project.

SEPA R2R was created specifically for Banks seeking to contain the size and cost of their SEPA project while also avoiding the potential project creep and delay of an in house build option. As a streamlined solution that addresses only the mandatory SEPA requirements, SEPA R2R provides a rapidly deployable package option for Banks, ensuring they reach regulatory SEPA compliance on time and on budget. SEPA R2R’s off the shelf functionality addresses all the key SEPA direct debit requirements, as follows:

Receipt and compliant processing of SEPA direct debit collection transactions
Exception handling – automated R-message processing
Blocking of SEPA direct debit collections from customer accounts on demand

By focusing only on the core SEPA compliance obligations for Debtor Banks, SEPA R2R keeps interfacing effort, associated timelines and project cost, to a minimum. Therefore SEPA R2R represents the ideal solution for Banks wishing to take a more modular approach to their SDD project, beginning with only compliance grade reachability, and thereafter having the option of taking modular add-on capabilities such as channel access, B2B and Creditor Bank services.

Is your Bank...

Seeking a low risk, low resource solution for SEPA DDs within a condensed project window?
Looking for a project solution with cost certainty and predictability?
Aiming for the most cost effective route to SEPA DD mandatory reachability?
Requiring a solution that can grow as your SEPA ambitions grow?

If so, then SEPA R2R is your most effective route to SEPA DD compliance

SEPA DD receiving only, off the shelf, ready to implement solution
Designed specifically to address core SEPA Direct Debit Rulebook obligations only
Proven straightforward integration with Bank’s core system
Minimal project timelines leads to reduced internal disruption in system implementation in your Bank’s environment
Future proof package with guaranteed SDD Rulebook compliance now and in the future
Extendable with option of additional SDD functionality available as add-ons as required

Download a copy of the SEPA R2R factsheet from Sentenial.
For more information on SEPA R2R or should you wish to discuss this further with a SEPA specialist from Sentenial, please call +353 1 6292141 to speak to a member of our Sales team.