Effective rate of interest and Single Euro Payments Area: Difference between pages

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Same as Effective interest rate.
(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 ==
* [[Effective interest rate]]
* [[EC Directive 2007/64/EC]]
* [[European Payments Council ]]
* [[European Union ]]
* [[SEPA credit transfer]]
* [[SEPA direct debit]]
   
   



Revision as of 14:20, 23 October 2012

(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