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Europe Daily Bulletin No. 9590

30 January 2008
Contents Publication in full By article 11 / 33
GENERAL NEWS / (eu) eu/financial services
Introduction of European transfers marks first stage of achieving single Euro payment area

Brussels, 29/01/2008 (Agence Europe) - On Monday 28 January during celebrations marking the launch of the Single Euro Payment Area (SEPA), Commissioner McCreevy (in charge of the internal market), declared, “This morning is the first credit transfer using the new SEAP standards”. He added that, “After several years of hard preparation by the European banking industry and the EPC in particular, we now have a common standard for exchanging payment messages in Euros throughout the EU”....

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