Single Euro Payments Area

From ACT Wiki
Revision as of 14:20, 23 October 2012 by Administrator (Talk | contribs) (CSV import)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

(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