Single Euro Payments Area (SEPA) becomes fully operational in all Eurozone countries as per tomorrow 1 August 2014

SEPA: Single Euro Payments Area

The Single Euro Payments Area (SEPA) creates a true European Single Market for retail payments in euro where transfers, direct debits and payments between Member States are as easy and fast as the equivalent domestic transactions. It will become fully operational in all eurozone countries on 1st August 2014.

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