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CONTINUOUSLY WORKING ON INTEROPERABILITY IN SEPA

Interoperability is the ability to be consistently accessible to other payment service providers and processors. It goes without saying that interoperability is a key component for SEPA. EACHA aims to complement the SEPA standards developed by the European Payments Council (EPC) by establishing an interoperability framework. By standardising the technical and operating model for the interoperability of CSMs (Clearing and Settlement Mechanisms), EACHA aims to facilitate reach between infrastructures carrying out payment processing, clearing and settlement.
  
Since January 2006, the EACHA task force on interoperability has been working on these issues. This has resulted in the EACHA interoperability framework. Additional information is available under ‘Publications’.
  
ACTIVE PARTICIPATION IN BANKING FORUMS
  
By actively participating in banking forums, EACHA supports the self-regulatory efforts the banking sector is undertaking to create SEPA. EACHA stresses the importance
of cooperation with all relevant parties, such as the European Central Bank (ECB)
and the EPC. EACHA participates in discussions about the SEPA infrastructure as a member of the EPC’s SEPA Payment Scheme Standard Task Force (SPS/STF), SEPA Testing Task Force and is an observer in its Programme Management Forum (PMF).