• “With the euro introduction, EU governments, the European Parliament, the European Commission and the ECB called on the banking industry to develop harmonised SEPA schemes for electronic euro payments. The EPC delivered as requested. Payment service users confirm: migration to SCT and SDD generates tangible benefits.”

    Javier Santamaría, Chairman of the European Payments Council (EPC), January 2014

  • “SEPA has created more efficiency across the European payments industry. Three-quarters of treasury professionals say their European payments are more efficient post SEPA [migration].”

    EuroFinance Treasury Verdict, October 2014

  • “SEPA has been successfully implemented for credit transfers and direct debits in the euro area. Every month more than 2 billion payments now flow across the euro area in new standardised formats. (…) The successful completion of SEPA further accelerates Europe’s financial integration.”

    European Central Bank press release, August 2014

  • “Meeting the next SEPA deadlines established by the European Union lawmakers applicable in 2016 requires continued and coordinated efforts by the public authorities driving the SEPA process, the representatives of payment service users as well as banks and other service providers. Act now.”

    Javier Santamaría, Chairman of the European Payments Council (EPC), August 2014

  • “SEPA is more than just credit transfers and direct debits. It is also about card payments and might also cover internet and mobile payments. It will contribute to the further harmonisation of retail payments in the internal market.”

    European Commission statement, August 2014


The European Payments Council (EPC) supports and promotes the creation of the Single Euro Payments Area (SEPA).

The EPC is the decision-making and coordination body of the European banking industry in relation to payments. The EPC develops the payment schemes and frameworks which help to realise SEPA. SEPA is a European Union (EU) integration initiative in the area of payments. SEPA is the logical next step in the completion of the EU internal market and monetary union.


FREE EPC Newsletter

Stay informed on all
SEPA developments!

View current issue
Join now !
at a Glance
Learn more about SEPA roll-out
and actors involved at the European level