Euroclear and Single Euro Payments Area: Difference between pages

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imported>Doug Williamson
m (Organisation check 5/5/13 - Changed last sentence as the number of countries has increased to 7 so used 'including' to try and make date proof. There is also Sweden and Finland. Info from: https://www.euroclear.com/en/about/Our-business.html)
 
imported>Administrator
(CSV import)
 
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Located in Brussels, Euroclear is the world’s largest settlement system for domestic and international securities transactions (covering equities, bonds and funds), providing a comprehensive range of services to major financial institutions located in more than 80 countries worldwide.   
(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.   


It also acts as the Central securities depository (CSD) for a number of countries including Belgium, Netherlands, France, Ireland and the UK.
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 ==
* [[Central securities depository]]
* [[EC Directive 2007/64/EC]]
* [[CGO]]
* [[European Payments Council ]]
* [[Clearstream]]
* [[European Union ]]
* [[CRESTCo]]
* [[SEPA credit transfer]]
* [[International Central Securities Depository]]
* [[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