ING`s SEPA offering
ING is ready for SEPA. Since 28 January 2008, we have been ‘reachable’¹, which means that we have been able to process incoming SEPA transactions in the European countries in which we operate. In addition to our 'reachability', we offer two types of European credit transfer initiation products: the Multiple Euro Credit Transfer and Single Euro Credit Transfer for single payments. We are one of the first banks in Europe to offer clients the possibility to use European direct debit immediately following its launch on 2 November 2009.
Practical advice
We have the expertise, infrastructure and ability to be your SEPA partner. Our cash management consultants have the knowledge and skills to look beyond the domain of payments & cash management and to assess the impact of SEPA and the PSD on your business. For more information about our SEPA offering, please contact your ING consultant or send an e-mail to SEPA@ing.com.
Solid position as Euro clearer
ING has highly efficient payment processing and strong in-sourcing capabilities. We enjoy a solid position in our home markets and a pan-European reach through our extensive network. Our continuous commitment is clearly reflected by the fact that in 2009, we won the TMI Award for best bank in payments and cash management in Europe.
We consider payments to be our core business. In order to maintain our position as a leading cash management bank in Europe, we have invested in infrastructure and expertise to leverage our strong capabilities and efficiency in cash management.
We have the payments and cash management expertise as well as the European presence and infrastructure needed to support you during your transition to the new European payments environment. We are ready to be your SEPA partner.
¹List of banks that have now adhered to the SCT Scheme which went live on 28 January 2008