Brussels, 03/11/2009 (Agence Europe) - Since 2 November, the banks of the EU have been setting in place a system which will allow bank account holders in one member state to authorise direct debits to other member states. The member states of the eurozone have until the end of November 2010 to implement this system: the other member states of the EU must do the same by 2014. This initiative comes in the train of developments with the Single Euro Payments Area (SEPA).
Until now, this payment...