SEPA indirect participants

API-first integration to your SEPA sponsor bank

Manage all payment methods and R transactions

Accelerate your time-to-market

Reduce maintenance and upgrade costs

Get full access to and control of all outgoing and incoming SEPA payment flows and R transactions through your SEPA sponsor bank. Automate your SEPA payment operations and reconciliations.

Get full access to and control of all outgoing and incoming SEPA payment flows and R transactions through your SEPA sponsor bank. Automate your SEPA payment operations and reconciliations.

A solution for all your payment use cases

Interbank payments

Send and receive interbank payments across SEPA schemes through your sponsor bank: SCT, SCT Inst, SDD Core, SDD B2B.

Automatic SEPA settlements reconciliation

Enjoy automated reconciliation of your settlement accounts with individual payments and R transactions.

R transactions and inquiries

Programmatically send, receive and manage recalls, rejects, returns, refunds, and inquiries.

Programmatic treasury management

Move funds across your settlement and safeguarded accounts to optimise liquidity and comply with regulations.

Interbank payments

Send and receive interbank payments across SEPA schemes through your sponsor bank: SCT, SCT Inst, SDD Core, SDD B2B.

Automatic SEPA settlements reconciliation

Enjoy automated reconciliation of your settlement accounts with individual payments and R transactions.

R transactions and inquiries

Programmatically send, receive and manage recalls, rejects, returns, refunds, and inquiries.

Programmatic treasury management

Move funds across your settlement and safeguarded accounts to optimise liquidity and comply with regulations.

A payment operations platform for SEPA indirect participants

Payments

Send payments through SEPA credit transfer and instant credit transfer

Collect payments through SEPA direct debit core and B2B

Send international payments through SWIFT

Manage SEPA R transactions (recalls, rejects, returns, and refunds) and inquiries

Receive real-time notifications as payments are processed

Accounts

Receive prior-day balances and transactions at the end of the day

Receive intraday balances and transactions throughout the day

Receive real-time notifications as transactions are posted and balances are calculated

Search balances and transactions with no history limit

Connectivity

Connect to your banks through a single RESTful API

Numeral connects to your banks and manages payment, payment status report, and account report files for you

Be notified in case of bank connection or file transfer failure

Reconciliations

Automatically reconcile payments processed with transactions posted

Use virtual IBANs to automate the reconciliation of incoming payments

Use expected payments to reconcile payments executed outside of Numeral

Receive real-time notifications as reconciliations are created

Counterparties

Onboard and verify counterparties to facilitate payments

Manage all counterparties and counterparty accounts in one single place

Assign virtual accounts to counterparties and rotate virtual accounts across counterparties

Notify counterparties as you send, request, or receive payments

Controls

Approve payment orders and payment files before they are sent to your banks

Setup payment approval workflows that match your internal controls

Review audit trails of your payments and counterparties

Keep the full control of your data

Frequently Asked Questions

Are there any limitations introduced by using Numeral as a SEPA indirect participant?

No. Actually, Numeral supports additional SEPA payment flows for SEPA indirect participants, including R operations.

How much does Numeral cost for SEPA indirect participants?

Numeral standard pricing applies to SEPA indirect participants. Numeral’s pricing consists of a subscription fee, payment fees, and connected account fees. Contact us for more information.

What SEPA payment schemes does Numeral support for SEPA indirect participants?

Numeral supports all SEPA payment schemes for our banking partners acting as SEPA sponsor banks, including SEPA instant payments. Check out the Bank coverage page or contact us for more details.

What is the scope of Numeral in the process of becoming a SEPA indirect participant?

Numeral covers the connectivity with your SEPA sponsor bank, and guides you in the process of acquiring the relevant information from your SEPA sponsor bank related to this connectivity. Numeral does not intervene in your relationship with your SEPA sponsor bank, nor in any regulatory matter.

How does Numeral connect to banks?

For each bank and each payment method, we determine the best bank direct connectivity solution from available options (SFTP, EBICS, API, …). We then build the integration for the selection option, which consists in building the logic that transforms calls made to our API into messages and files accepted by the bank direct connectivity solution, and vice versa. We also build in the support and management of edge cases, bank servers unavailability, etc.

Not sure where to start?

Let’s talk about how we can work together to accelerate your payment operations. We can demonstrate our platform or create a plan.

Contact us