What impact does the payee verification have on working with JustOn Cash Management?
In October 2025, the verification of the payee has become mandatory for SEPA credit transfers. What impact does this regulation have on working with JustOn Cash Management?
Summary
There is no impact on SCT batch bookings. For single SCT orders, it depends on the bank.
Generally, the payee verification is only relevant for SEPA credit transfers (SCT orders). SEPA direct debits (SDD orders) are not affected.
Corporate customers are allowed to submit SCT orders to banks that explicitly waive the payee verification. EBICS supports a specific opt-out order type for this.
The opt-out variant only applies to SCT batch bookings. However, single orders submitted via opt-out cannot be executed straight away. Banks are free to decide whether to reject the order or to run the payee verification despite the opt-out.
JustOn Cash Management generates SCT orders without payee verification. This is not a problem for batch bookings. For single orders, however, it depends on the particular bank and how it chooses to act:
- If the bank rejects the order, you must resubmit the order separately using the opt-in order type (that is, including the payee verification). However, be aware that JustOn Cash Management does not yet support this.
- If the bank executes the payee verification despite the opt-out, this may delay execution.
Info
We have included transfers with payee verification in the roadmap for the further development of JustOn Cash Management (but have not yet prioritized it – we are waiting for feedback from our customers).