STEP2-T pricing

The pricing policy for STEP2-T consists of recovering all costs in relation to (1) the processing services provided by critical service providers, (2) participating in and use of fund transfer services in TARGET; and (3) operational, administrative and depreciation costs of EBA CLEARING, as business administrator of STEP2-T, in relation to the service management and development of the STEP2-T System. 

The pricing objectives of STEP2-T include in particular the objective to minimise costs for the users in relation to the processing of bulk payments.  The users of the STEP2-T System benefit from the economies of scale brought about by increasing volumes and the realisation of SEPA.​

Overview of fees

The Fee Schedule for STEP2 Services is available to all participants on the customer portal and is made available to prospective participants upon signature of confidentiality undertaking.

An overview of the (1) the joining and annual fees, (2) transaction fees, as well as (3) network and changes fees is provided below.

1)        Joining and annual fees

The STEP2-T System comprises three SEPA Services: the STEP2 SEPA Credit Transfer Service (SCT), the STEP2 SDD Core Service (SDD Core) and the STEP2 SDD B2B Service (SDD B2B). 

Joining fees (in EUR) SCT SDD Core SDD B2B 
Participant 30,000* 30,000* 30,000* 
Reachable BIC 300 300 300
Annual fees (in EUR)      
Participant  27,500 30,000 30,000
Reachable BIC 250 250 250
Settlement account services 15,000 8,000 8,000
CGS 7,500 7,500  

* A discount is applied if banks from a same banking group join one or several STEP2 SEPA Services as Participants on the same date.  

An annual usage fee and a relationship fee can apply, as well as annual fees for Additional Optional Services (AOS) or Value-added Services (VAS).


Annual fees (in EUR) SCT SDD Core  SDD B2B 
Batch processing usage fee 10,000  10,000  10,000 
Batch relationship fee  1,000  1,000  1,000 
Acceptance Date (AOS1) 5,000     
Remittance Information (ERI) 5,000    
Transferability (AOS3) 5,000     
Use of a night-time settlement window 10,000    

2) Transaction fees

STEP2 offers different transaction fees that apply depending on the use of validation for single payments or the use of the batch processing mode with pre-sorted messages and on the pricing options chosen by the participants, starting at:

Quarterly fees (in EUR) SCT SDD Core  SDD B2B 

Minimum volume fee per quarter (payable by sender)

3,750  3,750  3,750
Transaction fee single processing       
Payable by sender  0.002  0.002  0.002 
Payable by receiver  0.002 0.002 0.002
Transaction fee batch processing       
Payable by sender  0.001 0.001 0.001
Payable by receiver  0.001 0.001 0.001


3) Configuration changes and network

Administrative fees apply for changes in the STEP2 routing tables or for configuration changes.

Fees for the use of networks for sending or receiving payment files and other messages is a matter of the bilateral contract of each user with the network provider.

A EUR 5,000 fee per service applies for the usage of the EBICS communication channel and the related technical and operational functionality on STEP2 on a per service basis.