At a glance
The DIAS Payment Service is DIAS’ interbank solution for bulk credit transfers and the settlement of bills and obligations through account-to-account payments.
Through the service, credit transfers are executed from one Payment Service Provider to all other Providers within the Single Euro Payments Area (SEPA). At the same time, the service enables the settlement of bills and obligations using RF/QR payment codes.
The service infrastructure is fully aligned with the rules of the European SEPA Credit Transfer scheme, ensuring secure, fast and interoperable transactions.
The service is available through the Payment Service Providers participating in the DIAS Payment System, offering a unified framework for credit transfers and bill settlement at both national and European level.
Service Advantages
- One action to credit multiple beneficiaries and settle bills
- Domestic and cross-border SEPA payments
- Digitisation and simplification of approval and payment processes
- Cash-flow optimisation
- Reduction of administrative and operational costs
- Bulk payments (e.g., payroll, supplier payments, purchase of goods & services, insurance payouts)
- Same-day beneficiary crediting
- Payment by RF/QR Code
- Secure and reliable payments in line with the SEPA Credit Transfer scheme
- Flexible implementation, from simple to fully automated
For Businesses
From a single point and with a single action, payments and RF/QR settlements can be executed securely across all banks.
With the DIAS Payment Service, businesses and organisations can initiate bulk payments to all Banks within the Single Euro Payments Area (SEPA) as well as bill and obligation settlements with RF/QR—without delays, and with full control over their outgoing payments.
How it works
- The business collaborates with the Bank of its choice to send payments via the DIAS Payment Service.
- The Bank provides the operational specifications, and the business selects the preferred level of technical implementation—from simple to fully automated integration.
- The business becomes familiar with the management tool or conducts technical testing through a fully automated self-certification test environment.
- The business submits payments and RF/QR settlements via the service, either automatically by file transfer or interactively through its connection with DIAS.
- DIAS performs detailed validation of all payments, provides immediate processing feedback and delivers valid credit transfers as defined by the SEPA Credit Transfer scheme.
Benefits for businesses
Unified management
Interbank coverage and flexibility for all partners and employees, who may choose their preferred crediting bank.
Security
All transactions are executed according to the SEPA Credit Transfer European standard.
Flexible onboarding
From simple configuration to fully automated integration.
Sandbox environment
Secure and easy service activation and testing before going live.
With the DIAS Payment Service, payments and bill settlements are executed quickly, reliably and effortlessly - allowing businesses to focus on customers and liquidity management.
For Public-Sector Entities
With the DIAS Payment Service, public-sector entities can execute credit transfers and other payments automatically and on time, supporting the digital transformation of Greek public-sector payments while ensuring same-day crediting, transparency and optimal cash-flow management.
How it works:
The Entity collaborates with the Bank of Greece to manage its payments through the DIAS Portal, following the steps described on the relevant website.
Benefits for public-sector entities
Visibility
Real-time overview of all payments, payroll, allowances and other obligations.
Centralised management
All payments are processed from a single point of reference.
Timely settlement
Payments to beneficiaries are executed on the specified dates, with accuracy checks performed by DIAS.
Transaction security
All transactions are executed under the SEPA standards (SCT / SCT Inst), ensuring precision and reliability.
Beneficiary flexibility
Beneficiaries may choose the bank to which they wish to be credited.
Mass payments with a single action
Simultaneous execution of multiple payments and settlements, reducing administrative workload.
Reporting & monitoring
Easy generation of reports for all payments, with options for storage and cross-checking of data.
Reduced bureaucracy
Simplified payment-management processes, reducing the need for time-consuming approvals and manual actions.
Optimised liquidity
Centralised control of inflows and outflows supports cash-flow management and financial planning.
Support for urgent payments
Ability to execute immediate or urgent payments securely and reliably.
Enhanced trust
Public-sector entities ensure accurate payment execution to citizens and suppliers, reinforcing transparency and reliability.
With DIAS Payment Service, payroll, allowances and other obligations are executed in a simple, digital and secure manner. The digitalisation of payment processes allows public-sector entities to streamline operations with full transparency, reliability and control—ensuring accuracy and consistency in every transaction.