SEPA Awareness Seminar - Ulster Bank

XMLFundamentalRequirements~~~~~~~~~~~~~~• BIC & IBAN• ISO 20022 XML• 140 Characters• No alterationsduringexecution• E2E STP• No minimum• Maximum€1BillionPAYEE Payee’s Bank Payer’s Bank PAYERi. Type (First, one-off…)ii. Payee’s Nameiii. Payee’s IBANiv. Payer’s Name (ifavailable)v. Payer’s IBANvi. Unique MandateReference (UMR)vii. Date mandate signedviii. Amountix. Original UMRx. Payee’s idxi. Original payee’s idxii. Remittance infoxiii. Any purpose ofcollectionxiv. Any category ofpurposei to xiiPlus:1. BIC of Payee’s PSP2. BIC of Payer’s PSP3. Payer ref. party name4. Payer ref. party id5. Payee ref. party name6. Payee ref. party id7. ID of payment scheme8. Settlement date9. Type of mandate1. UMR2. Payee’s id3. Payee’s name4. Amount5. Remittance info6. Id of schemeSlide 14