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Europe Daily Bulletin No. 10156

10 June 2010
Contents Publication in full By article 12 / 32
GENERAL NEWS / (eu) eu/financial services
SEPA bank transfers to be compulsory by 2012

Brussels, 09/06/2010 (Agence Europe) - The Single European Payments Area (SEPA) Council met for the first time on Tuesday 8 June to discuss possible deadlines for the migration of national payments and direct debit to products conforming with the rules of the planned Single European Payment Area. Jointly chaired by the European Commission and the European Central Bank, the SEPA will meet twice a year, convening European banking federations, consumer groups and wholesalers, the main issuers...

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