login
login

Europe Daily Bulletin No. 10228

5 October 2010
Contents Publication in full By article 15 / 34
GENERAL NEWS / (eu) eu/financial services
Migration to SEPA bank transfers will not end until part way through 2012, and a year later for direct debits

Brussels, 04/10/2010 (Agence Europe) - The European Commission is expected to publish later this month a draft regulation introducing deadlines for introducing euro bank transfers and direct debits for the Single European Payment Area (SEPA) (see EUROPE 10224). In an early version of the draft legislation seen by this agency (dated June 2010), the SEPA system for credit transfers (SCT) will replace all national bank transfer systems one year after the new regulation comes into force. The...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
WEEKLY SUPPLEMENT