C1-SCTIE - Download SEPA Credit Transfer Instructions

This process reads all bank events marked with the C1-SCTIE batch control code and a given run number and creates the flat file that is passed to the SEPA clearing and settlements mechanism. Refer to SEPA Credit Transfer Record Layouts for details of the record layouts.

Note: You can rerun this process. You can reproduce the flat file at any time. Simply request this job and specify the run number associated with the historic run.

For each bank event, this process invokes the Bank Event Extract algorithm that is defined on the associated bank event type, to map and format the bank event information into the output credit transfer record. Click here to see the algorithm types available for this system event. The base product provides the C1–SEPA-FCT algorithm, which formats the credit transfer information using the ISO 20022 standard XML schema specifications.

If you require a different flat file format or if your mapping rules differ, you must create a customized extract program and/or a customized Bank Event Extract algorithm. The base programs may be used as a starting point.

Refer to Batch Process Dependencies for more information on when this process is run.