Single Euro Payments Area (SEPA)

The Single Euro Payments Area (SEPA) will allow customers to make euro payments throughout Europe as easily, securely and efficiently as they do today within their own countries. Once SEPA has been completed, there will no longer be any distinction between national and cross-border euro payments: they will all be domestic.

The link address is: http://www.ecb.europa.eu/paym/sepa/html/index.en.html