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Getting Ahead of the Competition: Maximizing SEPA Business Benefits Through OTC Transformation
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The introduction of Single European Payments Area (SEPA) is the most important initiative implemented
within the payments landscape since the introduction of the euro in 2002. SEPA aims to create a single
common market within Europe where individuals and corporations will be able to send and receive euro
payments across Europe as quickly, easily, and inexpensively as if they were operating within their own
home market. SEPA includes the 27 European Union member states, Norway, Iceland, Liechtenstein,
Switzerland and Monaco.
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