Euro-NCS

Published: 1/1/2023 Modified: 2/8/2024

The EuroNCS is a payment system for the clearing of national and cross-border SEPA credit transfers (SCT) and SEPA direct debit (SDD) payment transactions.

The statistical data which refer to the EuroNCS represent a structured presentation of the value, number, average values and average number of payment transactions at the level of the payment system for an annual period (total values and values by EuroNCS clearing cycles), as well as the aggregate presentation of the participants' concentration ratio (five banks) with the largest share in the total value and the total number of payment transactions in the payment system.

The data for the EuroNCS payment system are presented via two statistical reports: EuroNCS-SCT – statistical data relating to processed interbank SEPA credit transfers (SCT) payment transactions and EuroNCS-SDD – statistical data relating to processed interbank SEPA direct debits (SDD) payment transactions.

The Financial Agency (FINA), as the system owner and operating manager, is the only source of data for statistical reports relating to the EuroNCS payment system.