Under the terms of the agreement, Logica will enable the bank to meet the SEPA requirements through a ‘Software as a Service’ platform (SaaS) by: • Converting payment instructions and bank account numbers to the European IBAN/BIC standard;• Providing management services to support the implementation of the new European direct debit process;• Creating a SEPA payment hub to support all incoming and outgoing SEPA transactions.
Logica is supporting Rabobank’s corporate customers with a timely migration to SEPA without impacting the continuity of their businesses. Large corporates will begin the move to SEPA in October 2012, as determined in the National Forum SEPA (NFS).
Logica provides business consulting, systems integration and outsourcing to clients around the world, including many European businesses.
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