EBA CLEARING STEP2 XCT

STEP2 interoperability with other SEPA CSMs.

Definition

The EPC CSM Interoperability Framework (2016 v1, 2020 v2.1) defines exchange rules between CSMs: routing tables, message formats, bilateral agreements, multilateral settlement. STEP2 XCT covers direct exchange with Equens (NL/DE), Iberpay (ES), ICCREA (IT, cooperative banks), SIA-Colt (IT, Intesa Sanpaolo).

Origin

EBA CLEARING, EPC CSM Interop Framework 2016, operational on STEP2 since 2017.

Usage

Use case: SEPA SCT payments between banks connected via different national CSMs for complete European routing.

Related terms

• STEP2 — CSM principal.
• Equens Worldline — CSM partenaire.
• CSM Interop Framework — cadre EPC.