diff options
Diffstat (limited to 'libeufin/sepa.rst')
-rw-r--r-- | libeufin/sepa.rst | 26 |
1 files changed, 0 insertions, 26 deletions
diff --git a/libeufin/sepa.rst b/libeufin/sepa.rst deleted file mode 100644 index 29baca00..00000000 --- a/libeufin/sepa.rst +++ /dev/null @@ -1,26 +0,0 @@ -.. target audience: core developer - -SEPA Payments -############# - -This page collects reference materials and details for specifics of SEPA payments. - -SEPA Credit Transfer (SCT) -========================== - -SCT is a "normal" bank transfer. Details (terminology, data definitions, flow diagrams) can be found in the EPC's -`SCT rulebook <https://www.europeanpaymentscouncil.eu/document-library/rulebooks/sepa-credit-transfer-rulebook>`__. - - -Reject vs Return vs Recall --------------------------- - -* A **rejected** payment is refused by the originator bank or the - clearing and settlement layer. -* A **returned** payment is refused by the beneficiary's bank via a - counter-transaction over the settlement layer. -* A payment is **recalled** when the originator's bank (potentially - requested by the originator) wants to "undo" a SCT. - -SEPA currently does **not** directly support a mechanism for the **beneficiary** to return -a payment. |