Disclaimer ‘This Document desttespreduct features that are proposed fr the spectod releases ofthe race E-Business Suite, This document descites new or changed fnctionlty only best functionality fom prior releases snot describes. ti intended soley to help you assess the business benelis of upgrading tothe speed release of the Orade busines sit, This document nan form, software or ented matter, contains proprietary information tha ithe excsve propery of Oracle, Your aces to and use of hs confidential mater sulpect to the terms and contions of your Oracle Software teense and Sedce Agreement, which has been execute and wth which you agree to comply. This document and information contained herein may not be doze, copied, reproduced or detribted to anyone outide Oracle withot prior written concent cf Cradle. Ths deciments not part of ‘Yourlcense agreement nor canit be incorporated ste ory contractual agreement with Oracle ort subsidies or fates ‘his document i for informational purperes only ad ieintendd zoey to asc you in planing fr th implementation and upgrade ofthe product features dosed. Wis not 2 ‘commitment to deve any mater code, 6 functionaty, and should not be relied upon in making purchasing decisions. The development, release, an timing ofan fates cr funalonaty described in his document remains atthe sole leon of Oracle, Due tothe nature ofthe product architecture, Itmay ot be posse to safely include al eatures described in his decument without rskeg signlicatdestabiation ofthe codeIntrodction ‘he Single Euro Payments Ares (SEPA) ban initve ofthe European banking industry that si at improving the efficiency of cos border payments by developing common standards, procedures and nrastuctre ta mprave the economies of ale The SEPA terry const of 32 Europea counties and Iceland, Uechtensein Monaco, Norway and ‘Swizeland, grating to SEPA ‘wo new SEPA instruments were introduced in 2008 (SEPA credit transfer) and 2009 (SEPA core direct dei) EU Regulation Ne 260/2012 establishes the technical and business ‘quirements for rede wansers and dec debits neuro, The regulation ial referred to as the "EPA end-date regulation” and defines the dealings or the migration tothe new SEPA instruments. The deadline forthe euro area is 1 February 2014 and for non-euro area Member States is 31 October 2016, As ofthese dates, the exiting national eur cect trareter and diet debt schemes wil be replaced, rade Business Suite provides support for SEPA os ellows TheSEPA ret Teansfers funcional is curently valabefor Releases 115.10, 12.0 and 12.13 ‘he SEPA Core iret Debit fonctions currently ataiable for leases 1.5.10, 1203 and 12.1 “he test Rulebook version supported ie v6. ‘To asst our customers with he migration to SEPA, a numb of addtional faturos ae plsaned fr Oracle E-Business Suit R124 and targeted for aaably starting G3 C2013. Ths document deseros the festure that are curently planned ana wl bo fequorty updated 2 adtonalrquitemonts ate evaluated ad ined nou lan Optionally, customers can contact validated partners (htm oracl com/pariners/index tml to prove updated format.Payment Process Requirement LEA Solution FAZSalution Credit Transfers SEPA Cred Transfer Version 7.) In November 2012 the European Peyments Council (2) updated the SEPA Credit Transfer (SCT) Rulebook with changes that take eect Feb 1, 2014 After this date, banks willbe required to support the latest two versions of SEPA (70and 60) SEPA Credit Transfer Version 7.0 Format \splanned for a2 2014 ‘SEPA Credit Transfer Version 7.0 Format planned for 22014 150 20022 Credit Transfer Format for rnen-Euro Payments ‘white paper detaling how customers can extend the curently avaiable SEPA format toupport nen eure payments le ‘evalable vie MOS note 1591854. 150 20022 format for Credit Transfer based on the GI (Commen Global Implementation) standards version 3is avaliable via patch 17733212.R1218. Reference enhancement 12996818Payment Process | Requirement TSA Solution FAZSelution ‘Country speci Data Elements In SEPA | Awhite paper dealing how customers | Country spacfie data elements are optional and vary Credit Transfer Format can extend the curently avaiable SEPA. | from country to country, format to neue county specie data avaiable va MOS note 15918541 ‘customers can use descriptive flewfilds to capture country specifi data elements related to invoices and ‘payments and configure the payment format per the {ulcelines provided inthe white paper Format ‘customization in Orace Payments for Oracle AaplietionsReleate 12 white paper (Doe ID "787467. Ithe elements are related to setup ‘entities then the extensibility feature in 1 can be sed to capture such data elements in the clsbursement extract and users ean configure the payment format.Payment Process Requirement LEO Solution FAZSelution ‘ditional Optional services (AOS) Data Elements in SEPA Cet Transfer Format listed on the €PCs (European Payments Cunel) homepage Flexible Definition forthe nitatng Party ‘A white paper detaling how customers can extend the curently available SEPA format to ineluse Adstional Optional Servees (AOS) data elements is avaiable via MOS note 1591854. Not Planned, ‘customers can use descriptive feild to capture [AOS data elements raatedto invoices and payments land configure the paymant format per the guidelines ‘provided inthe whitepaper -Format Customization in ‘Oracle Payments for Oracle Aopleatons Release 12 white paper (Doe 10 787467.1. the AOS elements are related to setup entities then the extensibility feature in IBY can be sad to capture such date lamants inthe debursement extract and uss can configure the payment format. ‘The inating party detale Ike name, Wntifeation and scheme name pasted in payment fie can be configured in the payment system account settings.Payment Process Requirement LEA Solution FAZSalution Credit Transfer Exceptions To encourage fully automated staight- through processing (STP) of SEPA transaction along the entire payment processing chan, the European Payments Council (EPC) published recommendations on the mapping of SEDA Cred Transer (SCT) and SEPA Direct Debit (500) Rulebook requirements to payment reporting bbetivaen banks ang customers Banks can ute this to send payment status porte whic include the status of the payment transactions Not planned The ably to import payment acknowledgement reports containing payment status for bankreceived ‘payment files avaiable ia MOS note 1495240.1 and patch 17640141:R12 18.8. Users wil beable to + map bank acknowledgment codes to system acinowledgment codes Import acknowledgment data via API + import multiple acknowledgments per payment vig PL review acknowledgment detail, including bank reported erors and status search payment transactions based on acknowledgement status Direct Debits ‘SEPA Direct DebR Version 7.0 In November 2012 the European Payments Council (£PC) updated the SEPA Direct Debi (S00) Rulebook with changes thattake efect Feb 3, 2014 After this date, banks willbe required to support the latest two versions of SEPA (7.0 ane 6.038 of March 2013), ‘EPA Direct Debit Version 7.0 Format & planned for 2 2014, ‘SEPA Direct Debit Version 7.0 Format if planned for 22014Payment Process Requirement LEO Solution FAZSelution 150 20022 Direct Debit Format for non Euro Payments ‘A white paper detaling how customers can extend the curently available SEPA format to support non eure payments avaiable via My Oracle Support Note s0aera. Reference enhancement 7520629 150 20022 format for Direct Debts bated onthe CGI {Common Giobal implementation) standards version 3 ‘savalable via Patch 17016187:R1218V.8 ‘Country Specie Data Elements n SEPA Direct Debit Format ‘A white paper detaling how customers can extend the curently avaiable SEPA format include country specife data sloments is avalabe via My Oracle Support Note 1608474. ‘Customers can use descriptive feild to capture country specifi data elements from Party Internal Bank Account External Bank Account, Bank Account Assignment, Payment System, Funds Capture Payment Method and Format entities an include thern in the Funds Capture Extract.Payment Process | Requirement TSA Solution FAZSalution ‘Additional Optional Services (AOS) Data | Aiite paper dealing how customers | Customers can use descriptive flexes to capture Elements in SEPA Direct Debit Format | can extend the currently avaiable SEPA | data from Party, Internal Bank Account, External Bank listed onthe EPCs (European Payments | format toinclude Additional Optional | Account, Bank Account Assignment, Payment System, Counel) homepage Services (AOS) data elements is Funds Capture Payment Method and Format entities avalabe via My Oracle Support Note | and include them inthe Funds Capture Extract, 3608674. ‘Customer Payment Status Report Not planned VB ofthe Customer Payment Status Report for SEPA Diceet Debits is ava 17016197-R12.8.8 Upload of Wand information ‘Pubic APs (able and entity Randlers) | The ability to upload and store mandate information tovndate mandate information in| from thd parties via an APIs availabe via Patch Amandate isa contract between the | Oracle Receivables isavaiable via | 17016197-R12.6¥.8 ebtor and the creditor, whereby the | patch referenced in MOS note eae debtor allows the ereditertocallectthe | 1560689. ‘Management agreed amount from is bark account. is ssued bythe creditorsPayment Process Requirement LEA Solution FAZSalution ‘Multiple Mandates per Debtor Account Not planned ‘Asa workaround, customers can create «bank account per mandate forthe same debtor ‘Creation and daplay of multiple mandates pe customer bank account i avaiable via Paten 17016197-812.67.8 Users willhave the ability to asign a priority to the ‘mandates so thatthe ative mandate withthe highest prcrty willbe defauted onthe transactions ‘Mandate Reports \When conducting SEPA Direct Debits, companies are required to send a report tothe bank, with an overview of all the related mandates. There ae two reports that are required: A printable report and nxt fl ‘The XML files based on the standards 36 described by the European Payment Counsel (EPC). The XML fle can be sent separately tothe credtors bank or Included with the SEPA Direct Debt payment bateh ‘Allrequired mandate data can be catered ‘customer bank account ‘unique mandate reference mandate type temendeent det Users can extract these det the required reports Reference enhancement 5566250 ‘All required mandate data can be entered ‘customer bank account + Unique mandate reference + mandate type + amendment details, ete. Users can extrac these details to crate the required reports Reference enhancement 12408018 TBAN Enhancements International Bank ‘Account Number TAN Length Valdation Not planred| ‘Country sped BAN lengih validation ie fined via patch 16507244,Payment Process | Requirement TSA0 Solution FAZSelution (IBAN) isthe unique_| Derive BBAN from BAN Not planned ‘code hook to allow customersto bull loge or cll Identifier required ‘third party software to derive te Basie Bank Account for allsePA "Number (SBAN) from IBAN i availabe via Patch Payments 137572200°812.81.8 Reference enhencements 7008633, 7196776, 8399857 Search by BAN Notplanned "The ability to search on bank accounts by IBANIS planned for delvry in phases startng Qé 2013, Reference enhancement 8865202 Update BIC and IAN for Existing Not planned) “The abt to update the BIC and BAN values for Aecounts ‘visting bank account is avaiable via the following ar IBY_EXT_BANKACCT_PUBLupdate_ext_bank sect.) canbe used to update I8AN [V_EXT_BANKACCT_PUB.update_ext_bank.branch(.) canbe used to update BIC Reference enhancement 8399857