ISO 20022, SEPA

Versobank AS has been accepting payments and issuing account statements in the ISO 20022 file format since 1 February 2014. ISO 20022 is the agreed standard used by all European banks in their communication with clients.

Introduction of the ISO 20022 file format requires changes in a company’s resource planning software, and the supplier of the company’s business software may have to be contacted.

For more information please visit Estonian Banking Association website.