Oracle EBS Logo Add-on

Payment transactions

Future-proof mapping of SEPA, ISO 20022 & account statements

The worldwide harmonization of payment transactions is progressing: the ISO 20022 standard is creating a future-proof format for structured, secure, and transparent transactions. SEPA has been using XML-based payments since 2014; updated versions of this standard will apply from 2019.

Our Oracle EBS Add-On "Change in Payment Transactions ISO20022" supports you in introducing all new formats completely, both nationally and internationally:

  • camt format for account statements: Replacement of the SWIFT format MT940 by camt.053.001.08 by Q3 2025 at the latest.
  • SEPA payments (pain): Migration to pain.001.001.09 for credit transfers and pain.008.001.08 for direct debits by Q3 2026.
  • Foreign payment transactions (pain): Utilization of pain.001.001.09 instead of text-based DTAZV formats by Q3 2026.
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Why Primus Solutions AG?

As an experienced partner in the Oracle E‑Business environment, we combine in-depth industry knowledge with the technical understanding that you need for smooth transitions. We support you in a practical manner, from consulting and implementation to go‑live, ensuring that your payment processes are future-proof, compliant, and efficient.

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Advantages at a glance

  • More transparency & security
    Clearly structured XML messages enable detailed data transmission and efficient processing from bank to EBS.
  • Higher speed in processing
    Automated, standardized workflows reduce sources of error and accelerate your payment transactions.
  • Future-proof compliance
    We ensure that your payment transactions comply with the official deadlines, reliably, in accordance with regulations, and audit-proof.

Your roadmap for ISO 20022 implementation

  1. Analysis & planning
    Identification of relevant business processes in accounting and IT.
  2. Software check & upgrades
    Adaptation of the EBS modules for the creation and processing of ISO formats including necessary bank software updates.
  3. Integration & test runs
    Setup of import processes for payment files and electronic account statements in camt/pain format.
  4. Rollout & go‑live
    Step-by-step rollout with accompanied validation until the final shutdown of old formats.

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Plan the conversion in good time so that your transfers, direct debits and account statements continue to function smoothly in the future.

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