Telepay will be phased out by June 1st 2024
Telepay is an old Norwegian format and standard for payments which will be replaced by ISO20022 XML, an international message standard for financial file-based messages.
About ISO20022 XML
ISO20022 XML is adapted to the EU's regulations and requirements in the Financial Agreements Act. The standard facilitates a more efficient and automated exchange of information related to payments and reconciliation information.
All banks in Norway offer ISO20022 XML for file-based payment services and cash management messages.
Let us help you get started
There are several solutions for the transition from Telepay to ISO20022 XML. Contact your Client Service Manager at SEB in good time to get help choosing the solution that best suits you.
Find the solution that best fits your needs
Manual uploading and signing of payment files in ISO20022 XML have to be performed via the option «File Handling Service» (FHS) in the netbank.The agreement between SEB and customer has to be updated in order to include the FHS service.
Please note that you will need to register new Power of Attorneys (PoAs) in the netbank in order to be able to manually upload and sign payment files in FHS. In addition a new PoA for FHS reporting has to be added.
Technical system specification is found here in C&I Online/Business Arena: Information and contact>Information>Cash Management>C&I Online support material>File Handling Service>ISO20022 Pain.001.001.03 – Implementation Guide.
Consider if signing can be performed directly within the payment file or if signing needs to be performed manually in the netbank (parking lot solution). Signing directly within the payment file will help the customer in order to achieve automated payment and reconicilation processes.
Please note that you will need to sign the agreements needed with SEB and the ERP vendor regarding the «Integration Service Partner/Provider» solution.
Concider if signing can be performed directly within the payment file or if signing has to be manually performed in the netbank (Parking lot solution). Signing directly within the payment file will help the customer to achieve automated payment and reconciliation processes.
Technical system documentation and «Message Implementation Guidelines» (MIG) for all the messages will be provided by SEB.
Tests can be performed against SEB's Test Bench.