Source: European Payments Council
This European Payments Council document draws together essential information for the banking community relating to EU demands for the introduction of a Single Euro Payments Area (Sepa).
The principal aim of the document is to provide banks and each (national)banking community with a source of texts explaining Sepa from various perspectives, as follows:
- the overall vision and scope of Sepa
- the design philosophy adopted for the schemes and frameworks
- the various design components that collectively make up Sepa
- the end-user experience of Sepa
- the roles and responsibilities of the stakeholders in the Seap programme
- the benefits delivered by Sepa
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