The STEP2 SEPA Credit Transfer (SCT) Service is a highly resilient Pan-European Automated Clearing House (PE-ACH) service with full disaster recovery features. It allows banks to send and receive SEPA payments and, at the same time, to reach all other financial institutions in SEPA.
Key benefits

    Easy integration into existing banking systems

    Multilateral netting before settlement

    Network independent

    ISO 20022 XML messaging supported

    Centralised routing table

    Easy reconciliation through large range of reports

    Straight-Through processing

[[https://www.ebaclearing.eu/services/step2-sct/overview/|
STEP2 SEPA Credit Transfer (SCT) Service]]