This public consultation, performed by the NPC, is regarding the NPC Payment Schemes - NPC Credit Transfer Scheme and NPC Instant Credit Transfer Scheme. The publication of new version 2023 Rulebooks is a result of the public consultation held between November 1, 2021 and February 1, 2022.
In addition, all NPC stakeholders and members were invited to submit rulebook change requests until the end of June 2021. Over 17 comments had been received during the public consultation from various stakeholders and the NPC wishes to thank all that contributed with comments on the proposed rulebooks.
All comments received was analysed by the NPC Credit Transfer and Instant Credit Transfer Working Group (“NCT & NCT Inst WG”) which gave their final recommendations for changes. The NPC Stakeholder Forum gave its position to the suggested changes in a position paper. The final changes were then decided by the Scheme Management Committee (“SMC”).
To ensure planning for all market participants to implement the changes within their organisations, the publication and effective date of the new rulebooks follows a predictable release management cycle. The NPC vision is to align closely with the EPC SEPA Credit Transfer and Instant Credit Transfer release management cycle.
The NCT & NCT Inst WG analysis and recommendations as well as the SMC decisions regarding all comments are described in the following document.
The NPC Stakeholder Forums position is described in the following document:
The NPC Credit Transfer Scheme Rulebook
NPC Credit Transfer Scheme Rulebook will enter into effect on May 1, 2023 based on the plan for the Swedish community to start using the rulebook in May 2023. This is an exception made since this will be the first time that the NPC Credit Transfer Scheme Rulebook will be used.
The NPC Instant Credit Transfer Scheme Rulebook
NPC Instant Credit Transfer Scheme Rulebook will enter into effect on November 19, 2023 which is aligned with the effective date of the EPC SEPA Instant Credit Transfer Scheme.
Please note that the actual date when transactions can be made according to the rulebooks will be dependent on when the participants and the CSM implementing the rulebooks are ready.
In addition, there is a document that summarises, on a high-level, all changes in the NPC versions compared to the EPC SEPA Credit Transfer and Instant Credit Transfer Rulebooks.