SEPA STARTS HERE

The first concrete milestone in progress towards a harmonised payments environment in Europe is the introduction of the SEPA Credit Transfer on 28 January 2008. It is now possible to make payments in euros using a single payment instrument under standard terms across the SEPA region.

SEPA gives corporates an opportunity to simplify treasury, receivables and disbursement arrangements across Europe. Businesses will be looking to streamline local accounts and explore ways of better managing their liquidity.

For financial institutions, the focus is on helping corporates achieve these goals by offering a full range of SEPA solutions. Banks that do not plan to process SEPA payments themselves need to partner with a scale provider that can.

ABN AMRO has been a leading player in the development of SEPA. Now that it is becoming a reality, our market-leading capabilities can help you seize the opportunities of a transformed payments environment and drive your costs down – whether you’re a corporate seeking to maximise the benefits, or a bank looking for a trusted and expert partner.

Our leading SEPA solutions, together with our extensive global network and award-winning technologies, make us your best partner for SEPA.