summaryrefslogtreecommitdiff
path: root/libeufin/sepa.rst
diff options
context:
space:
mode:
Diffstat (limited to 'libeufin/sepa.rst')
-rw-r--r--libeufin/sepa.rst24
1 files changed, 0 insertions, 24 deletions
diff --git a/libeufin/sepa.rst b/libeufin/sepa.rst
deleted file mode 100644
index 9555256a..00000000
--- a/libeufin/sepa.rst
+++ /dev/null
@@ -1,24 +0,0 @@
-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.