In March 2019, the European Payments Council decided that in case of a ‘No deal Brexit’ the UK remains part of SEPA: euro payments between the EU and the UK will be executed according to the SEPA rules. For SEPA Credit Transfers nothing changes.
When you are a SEPA Direct Debit creditor and submit SEPA Direct Debit instructions, please take into account that the UK in case of a ‘No deal Brexit’ is no longer part of the European Economic Area (EEA). For SEPA Direct Debit instructions for a debtor account in a non-EEA country, not only the debtor’s name is mandatory, but also the debtor’s full postal address. Please remember to submit these data. ABN AMRO does not perform any validations on the presence of the debtor’s postal address, but the debtor’s bank does and might reject SEPA Direct Debit instructions for which the debtor’s postal address is missing or incorrect.