Tietoevry’s offering for P27 and ISO2022 compliant connectivity.
Product Manager
P27 is an initiative to create a Nordic payment system. The new system creates the conditions for several Nordic initiatives and innovations. The purpose of P27 is that domestic and foreign payments, in the Nordic currencies and euros, can be made quickly and smoothly in a secure system, in real time. This is one reason why Swedish banks now offer payment products adapted to the ISO 20022 payment format.
Read more about Tietoevry's P27 initiative.The purpose of P27 is that domestic and foreign payments, in the Nordic currencies and euros, can be made quickly and smoothly in a secure system, in real time.
As a result, the Swedish banks, including Nordea, will offer payment products adapted to the payment format ISO 20022, which is an international standard for financial messages (payment files) in XML format. This means that you as a corporate customer will use Nordea's services instead of the services currently offered via Bankgirot.
In the SEPA area, companies and individuals can send and receive payments in euros in a uniform manner through the ISO 20022 payment format and the account numbers specified in the IBAN format.
SEPA brings several opportunities for your company and can give you more efficient cash management and a better overview of liquidity in Europe. SEPA also means that it is possible to handle payments in a simpler and more centralized way.