Single Euro Payments Area (SEPA)

GPTKB entity

Predicate	Object
gptkbp:instanceOf	payment integration initiative
gptkbp:abbreviation	gptkb:SEPA
gptkbp:appliesTo	individuals businesses public administrations
gptkbp:coordinates	gptkb:European_Payments_Council
gptkbp:currency	gptkb:euro
gptkbp:enables	cross-border euro payments domestic euro payments faster and cheaper euro payments
gptkbp:goal	remove differences between national and cross-border euro payments
gptkbp:headquarters	gptkb:Brussels
https://www.w3.org/2000/01/rdf-schema#label	Single Euro Payments Area (SEPA)
gptkbp:includes	gptkb:Andorra gptkb:Guernsey gptkb:Iceland gptkb:Isle_of_Man gptkb:Jersey gptkb:Liechtenstein gptkb:Mayotte gptkb:Monaco gptkb:Norway gptkb:Saint_Pierre_and_Miquelon gptkb:San_Marino gptkb:Switzerland gptkb:United_Kingdom gptkb:Vatican_City European Union member states
gptkbp:launched	2008
gptkbp:memberState	36
gptkbp:purpose	simplify euro-denominated bank transfers
gptkbp:regulates	gptkb:Regulation_(EU)_No_260/2012 Payment Services Directive (PSD) Payment Services Directive 2 (PSD2)
gptkbp:removes	need for separate bank accounts in different SEPA countries
gptkbp:scheme	gptkb:SEPA_Instant_Credit_Transfer gptkb:SEPA_Credit_Transfer gptkb:SEPA_Direct_Debit
gptkbp:standardizedBy	payment processing bank account numbers (IBAN) bank identifier codes (BIC)
gptkbp:supportedBy	gptkb:European_Parliament gptkb:European_Central_Bank
gptkbp:website	https://www.europeanpaymentscouncil.eu/sepa-credit-transfer
gptkbp:bfsParent	gptkb:32012R0260
gptkbp:bfsLayer	6