pain.001.001.03 vs pain.001.001.09: which version to use
Differences between pain.001 versions (SEPA credit transfers): what changes, which banks require the new version and the migration deadline.
TL;DR
Version 09 introduces mandatory structured addresses (LEI, optional BIC, extra identifiers). EBA and European banks require migration by November 2025.
Context
SEPA decisions are usually made once and carried for years. This article helps you choose well the first time.
Practical comparison
If the regulation applies to you, weigh these four vectors:
- Cost per operation and return fees.
- Operational load: how many hours per month does your team invest?
- Control and traceability: do you need to audit every step?
- Customer experience and churn by payment method.
When it matters
If your monthly volume exceeds 50 recurring operations, the economic and operational difference is clear. Below that, the decision depends more on the customer type and country.
Try it with GenerateSEPA
Upload a test file to GenerateSEPA and compare the flow against your current setup. It’s free and doesn’t require a CID. Before submitting to your bank, always validate with our SEPA XML Validator.
Conclusion
There’s no universal answer. But now you have the criteria to decide with data.
