Banks will provide information as to how products and payment cycles may be improved, but you could also contact your provider directly with regard to better products. •  Third, corporates could plan ahead. Several initiatives are under way, which are focusing on corporate-to-bank connectivity and a standardised way of transmitting remittance information with the payment.
So far, not many corporates have actively started preparing themselves for SEPA, as for them, the precise impact of SEPA is not entirely clear. This is probably related to the initial reluctance of banks and software providers to communicate on SEPA, as some of their products are still in the pilot phase.