The Single European Payments Area (SEPA): Implementation Delays and Implications for the United States

Eubanks, Walter W.

Library of Congress. Congressional Research Service.

关键词: Banks and banking;    Banking law;    Commercial finance companies;   

RP-ID  :  RL33952
RP-ID  :  RL33952_2008May02

美国|英语

来源: UNT Digital Library

【 摘 要 】

This report presents a brief background on the efforts to create the Single European Payments Area (SEPA) by the European government and the banking industry. It assesses the current electronic payments systems from the wholesale (large value) level and the retail (small value) level of payments. The report then examines the attempts to develop the pan- European automated clearinghouse system (PEACH).