EPC updates SEPA payee verification rules
Start here
AI-assisted source synthesis · not an independent investigation.
On November 6, 2026, Payments Cards & Mobile reported that the European Payments Council (EPC) had published the *Verification of Payee Matching Recommendations 2.0* to accompany SEPA Scheme Rulebook 1.1, which took effect on September 20, 2026. This update focuses on the matching rules for SEPA Verification of Payee, further detailing how the payee's name should be compared before a transfer is initiated. The report characterized it as the EPC tightening the matching rules, but did not disclose the specific newly added or adjusted matching conditions, implementation arrangements, or impact on participating institutions. The progress currently known is that Recommendations 2.0 has been published and is intended to accompany Rulebook 1.1.
AI-written from reports · updated 48 minutes ago
Timeline
Follow the reporting to see the different sides of the story.
- Payments Cards & MobileSelectedEPC tightens SEPA Verification of Payee matching rules and publishes Guidelines 2.0
EPC has published Verification of Payee Matching Guidelines 2.0, accompanying Scheme Rulebook 1.1, which takes effect on 20 September 2026, and further specifying how payee names should be matched before transfers.
Heat over time
Not enough consecutive observations yet to draw a trend.