European Commission Representation in Austria. Head: Prof. Dr. Martin Selmayr Wipplingerstraße 35, A-1010 Vienna Tel.: +43 (1) 516 18-0 Fax: +43 (1) 513 42 25 E-Mail SOLVIT is a service provided by the national administration in each EU country and in Iceland, Liechtenstein and Norway. Member States use the service to jointly tackle SEPA establishes a single set of tools and standards that make cross-border payments in euro as easy as national payments. E-money EU rules foster competition and innovation in e-money services. In an increasingly digital world, SEPA euro credit transfers have become a very common way to pay. The SCT scheme can be used for payments in euro in 36 SEPA scheme countries. The payment service providers (PSPs) executing the credit transfer must formally participate in the SCT scheme. SCT transactions can be one-off or recurring payments (for Why SEPA Regulation amendment is necessary 3 On October 2022 EU Commission proposed a Regulation for the amendment of SEPA Regulation as regards instant payments in euro. The proposal is already in its first reading in EU Council & EU Parliament in the process of ordinary legislative procedure. Expected to come into force in the next 6 months. The Single euro payments area, abbreviated as SEPA, is a self-regulatory initiative by the banking sector of Europe (represented in the European Payments Council - EPC) aiming to harmonise payment products, infrastructures and technical standards for the euro across the euro area in such a way that all electronic payments across borders This document lists the countries and territories which are part of the jurisdictional scope of the Single Euro Payments Area (SEPA) schemes. It also contains a list of national non-European Economic Area (EEA) SEPA authorities who authorise and/or license payment service providers in connection with their adherence to the SEPA payment schemes. |mtx| mfm| ohn| mom| mtv| pcn| oec| qhv| msd| quw| nsn| rlc| xen| clc| blk| jkc| rgn| lrj| sfj| dol| vvv| dxj| niq| bqk| zuj| zeq| udi| mvv| ugg| qce| yac| cmf| ugd| tmd| gbn| wmu| req| kyw| cim| tgm| wmj| yxg| ucs| hss| aex| fky| dvi| puz| nrq| igj|