30 August 2016

Products from Business-Logics fit for the new SEPA version 3.0

To ensure a smooth transition to the new version of the format specification Business-Logics provides updates to all customers.

On November 20, 2016, version 3.0 of the specification of data formats, the so-called "Appendix 3 of the DFÜ agreement", comes into effect. The modifications include the elimination of COR1 debits, simplifications of the indication of first-time and recurrent debits and details in the mandate information for direct debits. However, the major change for the SEPA XML files of "The German Banking Industry Committee" is the transition to the namespaces of ISO 20022.

The updates are available for the whole product range:

As usual, for customers with maintenance contract the updates are free of charge.