Extension of the geographical scope of SEPA schemes in March 2019

Extension of the geographical scope of SEPA schemes in March 2019

30 November 18

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As of 1 March 2019, the Principality of Andorra and the Vatican City State / the Holy See will be part of the geographical scope of the Single Euro Payments Area () schemes. The inclusion of financial institutions from these two states is a natural extension of the project and demonstrates the European willingness to harmonise electronic payments in a broader area than the European Union.

From that date onwards, all existing scheme participants should be able to send or to receive Credit Transfer (), Instant Credit Transfer ( Inst) and Direct Debit () transactions to and from , Inst and scheme participants from the Principality of Andorra and the Vatican City State / the Holy See as and when their financial institutions join these schemes.

As of 1 March 2019, the geographical scope of the schemes will consist of the following 36 countries: the 28 Member States plus Iceland, Norway, Liechtenstein, Switzerland, Monaco, San Marino, the Principality of Andorra and the Vatican City State / the Holy See.



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