Source: Paul Trozzo, vice president, treasury management, PNC
Paul Trozzo, vice president, treasury management, PNC, explains the impact of the Single Euro Payments Area (Sepa) for US banks and corporate treasurers.
Sepa will introduce new standards, processing rules and dispute arbitration. Banks transacting payments to and receiving payments from the European Union should become familiar with these new conventions to prepare themselves and protect their clients.
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