Jul. 3, 2020
What are SEPA transfers and how to make them
Sometimes it’s hard to imagine that years ago money transactions between European countries took up to five business days and fees for these were very distinct. However, now the payments are mostly seamless as a result of SEPA adoption. So, let’s take a look at how and why the SEPA appeared, its advantages, and explain what these transactions are and how to make them. Ready? Let’s start. What is a SEPA transfer? SEPA is an initiative adopted by the European Union to integrate electronic payments within its borders. A SingleEuro Payments Area was the next logical step in creating a