Praxishandbuch Treasury-Management

pp 55-76

SEPA — Der neue europäische Zahlungsverkehr

  • Werner BrandtAffiliated withSAP AG
  • , Andreas KnopfAffiliated withSAP AG

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„The Eurosystem has a vision for the Single Euro Payments Area (SEPA): a euro area in which all payments are domestic, where the current differentiation between national and cross-border payments no longer exists. […] It also aims to develop common instruments, standards, procedures and infrastructures in order to foster substantial economies of scale.“1