IBAN the terrible

Submitted by Jelle-Frodo Huisman on Mon, 08/30/2010 - 23:00 in

The Single Euro Payments Area (SEPA) is an initiative of the European Union for the creation of a common area for payments in Euro. In the near future there will be no difference between national payments and cross border payments in Euro. Within the 32 country area, that comprise the SEPA Zone, all payments in Euro will be considered domestic. That sounds like a good idea.

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