SEPA

Have you fixed your SEPA compliance?

The Single Euro Payments Area (SEPA) is a Pan-European payment initiative, created by the European Commission to provide an "integrated market for payment services which is subject to effective competition, and where there is no distinction between cross-border and national payments within the Euro area. This calls for the removal of all technical, legal and commercial barriers between the current national payment markets, so that these become a single 'domestic' payments market for the whole euro area." 1

SEPA will impact all parties – from payment processors to the businesses and individuals receiving and making payments. Organizational systems will have to be adapted to accommodate the regulatory changes SEPA brings, and to facilitate payment requirements in this new environment.

Whether you’re a bank or a Corporate, Sentenial has a SEPA-compliant solution that is adaptive and future-proof, ensuring you achieve not only compliance but also the ability to compete more effectively in the post-SEPA arena.

Find out more about the impact of SEPA on your Financial Institution or Corporate, and what Sentenial can do to help.

Read more about “Making SEPA a reality”

Guide to SEPA DDs

1. European Commission, Internal Market and Service DG, Brussels, 13 February 2006. 'Consultative Paper on SEPA Incentives'.