SEPA zone

The SEPA comprises 36 member countries: the 28 countries of the European Union, the 5 European micro-states, Switzerland, Norway, Iceland and the United Kingdom.

Related definitions

API (Application Programming Interface)

An API is a programming interface that enables different applications to communicate with each other and exchange data.

ECB

The European Central Bank (ECB) is the European Union’s main monetary institution.

BIC

The BIC (Bank Identifier Code) is used to identify a financial institution in any international financial transaction. Each financial institution…

ISO 20022

International standard used for the exchange of financial data (payments, direct debits) between companies and banks, or between financial institutions.

PSD2

PSD2 is a directive introduced by the European Parliament to harmonize payment regulations within the European Union.

SEPA

SEPA is the Single Euro Payment Area set up by European institutions in 2002 to simplify and harmonize payment procedures

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SEPA zone

SEPA zone

Related definitions

API (Application Programming Interface)

ECB

BIC

ISO 20022

PSD2

SEPA

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