There is no rationale for keeping national and SEPA credit transfers running in parallel for an indefinite period of time. For the SEPA direct debit scheme, we are investigating whether it would be more useful to wait until they are rolled out so that stakeholders are able to gain some practical experience first.
At the recent stakeholders’ forum on direct debits, some misunderstandings and reservations were already addressed. However, it still remains to be seen whether the end-date for SEPA direct debit scheme should be set now or later. The best way to set an end-date is still open for debate. In our view, there are various options available.