New SEPA file format ‘SEPA XML’ now available in Abillity®

09 February 2024 Abillity® Factureren Incasseren

As of 23 November 2025, it is mandatory to add address details in a structured format to SEPA Credit Transfer and SEPA Direct Debit batches. To facilitate this, a new file format (SEPA XML version 2019) has been made available. Our Abillity® platform already supports this new file format.

Why this new file format?

The new SEPA XML version 2019 format stems from European regulations and further standardization of payment transactions. The key change in this new file format is the capability to add address details in a structured manner when submitting a SEPA payment. This enables the automation of screening SEPA transactions to and from countries outside the European Economic Area (EEA). Adding structured data to SEPA payments contributes to improving payment processes.

What does this mean for my organization?

From 23 November 2025, banks will no longer support unstructured address details. Until then, you can add both unstructured and structured address details to SEPA payments. However, it’s important to check now whether your invoicing system stores address details in a structured manner and take action if not. If you work with Abillity®, you can continue to send and receive payments worry-free. Our platform already supports the new file format.

More information?

Keen to find out if our platform is right for your organisation? Would you like to find out more or do you have any specific questions? Then get in touch. We’d love to talk!

Willem Lemmers

Senior Consultant

+31 297 382323

Secure Outsourcing of Processes with Abillity®: Confirmed According to ISAE 3402 Type II Standards!

If you opt to outsource processes, you want the assurance that they are carried out effectively and securely. The ISAE3402 type II certificate provides a solution for this. Our Abillity® platform holds this certification, and once again, zero findings were identified in the past year!

Happy holidays

We wish you a Merry Christmas and lots of ‘Quality time’ in 2024.

FIQAS Participates in Credit Expo 2023

On Tuesday, November 7, this year’s Credit Expo is taking place, and we at FIQAS will be there! Alongside our presence on the exhibition floor, we’re also hosting an Expert Session, offering tips for optimal collection results!