CESOP Compliance Service
The CESOP Compliance Service ensures legally compliant implementation of the reporting requirements for payment service providers in accordance with VAT acts.
The implementation of the Central Electronic System of Payment Information (CESOP) marks a paradigm shift in payment transactions: for the first time, reporting obligations are being introduced on a transaction-by-transaction basis. Certain cross-border payments must be recorded and transmitted to the national tax authorities.
With the CESOP Compliance Service, we offer banks, specialist banks, development banks, e-money institutions and marketplaces a complete software solution to fulfil the new requirements.
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Is our CESOP Compliance Service of interest to your bank? Please feel free to contact us. We will answer your questions about a timely implementation.