Single Euro Payments Area: Difference between revisions
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(SEPA). The area where businesses and individuals will be able to make and receive payments in euro, within Europe, whether between or within national boundaries under the same basic conditions, rights and obligations, regardless of location. | (SEPA). | ||
The area where businesses and individuals will be able to make and receive payments in euro, within Europe, whether between or within national boundaries under the same basic conditions, rights and obligations, regardless of location. | |||
SEPA encompasses the SEPA Credit Transfer, SEPA Direct Debit and SEPA cards framework. | |||
It covers 32 countries including the European Union Member States plus Iceland, Norway, Liechtenstein, Switzerland and Monaco. | |||
== See also == | == See also == | ||
Revision as of 10:52, 20 August 2013
(SEPA).
The area where businesses and individuals will be able to make and receive payments in euro, within Europe, whether between or within national boundaries under the same basic conditions, rights and obligations, regardless of location.
SEPA encompasses the SEPA Credit Transfer, SEPA Direct Debit and SEPA cards framework.
It covers 32 countries including the European Union Member States plus Iceland, Norway, Liechtenstein, Switzerland and Monaco.
See also
- EC Directive 2007/64/EC
- European Payments Council
- European Union
- SEPA credit transfer
- SEPA direct debit
External links
Making cost effective payments The Treasurer magazine; www.treasurers.org
