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Europe Daily Bulletin No. 10073

9 February 2010
Contents Publication in full By article 13 / 33
GENERAL NEWS / (eu) eu/payments
European Federation of Building Societies opposes setting SEPA completion deadline

Brussels, 08/02/2010 (Agence Europe) - Setting a cut-off date for the roll-out of direct debit payments in line with the standards of the Single European Payment Area (SEPA) project is “not comprehensible”, says the European Federation of Building Societies (EFBS). Regretting the announcement by Commissioner-Designate for the Internal Market Michel Barnier that he intends to set such a deadline, the organisation says that premature abolition of proven national direct debit transfers...

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