SEPA originator

Name

Enter the name of the originator here. This name appears in the drop-down list Originator when recording a SEPA payment or an international transfer in XML format. In this dialog box this is the only mandatory field, the following are optional.

Creditor identifier

SEPA debits must be submitted with a unique creditor identifier (Creditor ID). You can request it from the German Bundesbank. You can find further details on the website of the Bundesbank.

Tax number

The tax number is required when you enter an Austrian tax office payment.

Address / Country

For SEPA transfers to the United Kingdom you need to specify the address of the originator. Record it after clicking Enter and select the country via the drop-down list. If you do not enter an address here, you will be prompted to do so when you enter a SEPA payment to the United Kingdom.

Sending institute (BIC)

This information is only relevant if you use the originator in an international relay transfer (XML). For other payment types, this information is ignored. Enter the BIC of the bank that sends the relay transfer instead of the account-holding bank. Only banks offering this special service can act as the sending institution. The procedure must be coordinated with both banks, the sending and the account-holding bank. For more information, see the chapter Payments – Record payment  – International relay transfer (XML).

The field Default account is a setting for all types of originators.

Figure: Dialog box for entering a SEPA originator

After clicking on Finish, the new originator is saved and displayed in the overview.