National Forum on SEPA migration (NFS)

In the Netherlands the SEPA migration received guidance from the National Forum on SEPA migration (NFS). The Forum offered Dutch payment instrument providers and users a platform to exchange information, discuss possible approaches and reach agreement on the migration of the Dutch payment system. The NFS was created to enable stakeholders to achieve a well-coordinated migration to SEPA, under the chairmanship of De Nederlandsche Bank (DNB). After the successful migration on 1 August 2014 the NFS was dissolved. From now on, the National Forum on the Payment System is further responsible for the development of SEPA.

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Having its office at DNB, the NFS brought together the following parties:

ANBO, Betaalvereniging Nederland, Centrale Samenwerkende Ouderenorganisaties, CG-Raad, Consumentenbond, Currence, Detailhandel Nederland, DNB, Equens, Gebruikersplatform Betalingsverkeer, ICT~Office, Koninklijke Horeca Nederland, Ministerie van Economische Zaken, Ministerie van Financiën, MKB-Nederland, Nederlandse Beroepsorganisatie van Accountants, Nederlandse Thuiswinkel Organisatie, Nederlandse Vereniging van Banken, Pensioenfederatie, Verbond van Verzekeraars, Viziris, VNG, VNO-NCW, VNPI.

National Migration Plan

A smooth and timely transition of all parties to the new standards requires the cooperation of all providers and all users of payment services (banks, software suppliers, businesses and other payment instrument users). Moreover, a smooth migration requires careful timing of the different moments at which groups of users make the transition. Otherwise, there is a risk that everybody makes the move at the last moment, just before the cutoff date. Therefore the NFS has drawn up a National SEPA Migration Plan which records agreements on the following timelines:

  • Software suppliers have until 1 October 2012 to adjust their packages to the new standards and complete their test programmes involving the banks.
  • Banks had until 1 January 2012 to disclose individual particulars regarding the implementation of SEPA standards. Their infrastructure will be ready for the mass migration of mainly wholesale users of SEPA credit transfers on 1 October 2012, and on 1 January 2013 for wholesale users of SEPA direct debits.
  • Wholesale users of credit transfers and direct debits will move to the new standards by 1 July 2013.
  • Small-business users will complete the move on or before 1 February 2014.

The National Migration Plan can be downloaded here (PDF, 1.4MB). More information about the PDF-Filetype can be found on the file-type page.

Programme Agency

The NFS’s Programme Agency is hosted by DNB. The Agency monitors adherence to the agreements set down in the Migration Plan. It carries out regular surveys to test the awareness of the new payment standards among businesses and consumers. Account managers within the Programme Agency maintain contacts with the different stakeholder organisations. In 2012, DNB will launch a campaign on behalf of the NFS to enhance the awareness of and preparedness for the upcoming changes among businesses and consumers alike.