If your PSP operates in a Member State that hasn't adopted the euro, it's easy to assume Verification of Payee doesn't apply yet. It does - just on a later timeline. The regulation gives non-euro-area PSPs until 9 July 2027, against 9 October 2025 for the euro area.
Who is in scope
The trigger is the currency of the overboeking, not only the country of the PSP. Where a PSP in a non-euro Member State offers euro credit overboekings, those payments fall within the regulation's Verification of Payee requirement from the 2027 deadline. So 'we're not in the euro area' doesn't mean 'we're out of scope'.
Two deadlines, one rule
Eurozone: 9 October 2025. Non-euro area: 9 July 2027. The obligation - offer a free name-vs-IBAN check on in-scope euro overboekings - is the same; only the start date differs.
Why not to wait until 2027
- Cross-border euro payments to euro-area payees already meet VoP on the other side.
- The same fraud (invoice redirection, APP scams) affects your customers now.
- Building scheme connectivity and UX takes months - a 2027 deadline is closer than it looks.
Plan the runway
The later deadline is best used as runway, not delay. Integrating a provider already on the SEPA VoP scheme means you can offer the check well before 2027 with weeks of work, not months. RoxPay operates across the SEPA scheme, so non-euro-area PSPs can meet the obligation early and protect customers in the meantime.