This EPC video feature (8 minutes), released in March 2012, highlights key aspects relevant for billers, i.e. businesses and public entities, transitioning 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, visit this dedicated page on the EPC Website: SEPA Legal and Regulatory Framework. europeanpaymentscouncil.eu/content.cfm?page=sepa_legal_and_regulatory_framework
This video is also available in a short version (4 minutes). To view this video with subtitles in the EU languages, visit the EPC Website: europeanpaymentscouncil.eu/index.cfm/video-audio/sepa-for-billers-extended-version/.
Credits: European Payments Council (EPC), DoubleDouble
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