Concept

Single euro payments area

Properties

Alt label
  • SEPA
SES ID
  • 450674
  • 97859
Notation
  • 450674
In scheme
Broader
Definition
  • Harmonises the way that cashless euro payments are made across the EU, Iceland, Norway, Switzerland, Liechtenstein, Monaco and San Marino. Effectively means that cross-border and domestic payments are at the same level of complication.