CB.Net Adds SCT Data to BankSearchPlus

The European Payments Council (EPC) SEPA Credit Transfer Adherence Register of Participants is now available in CB.Net’s BankSearchPlus and in The S€PA Directory service it launched in partnership with LogicaCMG. CB.Net was chosen by the EPC to provide and manage the centralised repository for the EPC SEPA Credit Transfer (SCT) and SEPA Direct Debit (SDD) schemes which has been referred to as the Register of Participants. The Register will provide a list of approved financial institutions that have signed the SEPA adherence agreement as stipulated by the EPC.