Pan-European Automated Clearing House

Single Euro Payments Area (SEPA).

(PE-ACH).

A facilitator for low-value electronic payments across Europe.

The Euro Banking Association’s (EBA) STEP2 was the first PE-ACH to be introduced.

See also

• Automated clearing house system
• Euro Banking Association
• EURO1
• Payments and payment systems
• Single Euro Payments Area
• STEP2