This EPC video feature (7 minutes and 55 seconds), released in December 2010, highlights key benefits for bank customers resulting from migration to the Single Euro Payments Area (SEPA). European Union (EU) Regulation effectively mandates migration to harmonised SEPA payment schemes in the euro area by 1 February 2014. In non-euro countries, the deadline will be 31 October 2016. For more information, view the EPC video ‘SEPA for Billers’ and visit this dedicated page on the EPC Website: SEPA Legal and Regulatory Framework. europeanpaymentscouncil.eu/content.cfm?page=sepa_legal_and_regulatory_framework.
To view this video with subtitles in the EU languages, visit the EPC Website: europeanpaymentscouncil.eu/index.cfm/video-audio/an-introduction-to-sepa/.
Credits: European Payments Council (EPC), DoubleDouble