Brussels, 21/12/2010 (Agence Europe) - Various retail bank service groups and consumers' organisations have reacted to the draft EU regulation setting deadlines for migrating national bank payment and direct debit systems to the Single Euro Payment System (SEPA) (see EUROPE 10257).
The European Savings Bank Group, ESBG, is disappointed, commenting that “the long uncertainty entertained by the Commission around this topic contributed to the currently low acceptance of the pan-European...