SEPA vs TARGET2: How are they related?

By Andreas Wegmann | October 1, 2020 |

Anyone interested in payment transactions in the European Union will quickly come across the terms SEPA vs TARGET2. The relationships are explained here. SEPA vs TARGET2: Single European Payment Area (SEPA) SEPA primarily describes a legal framework for the uniform handling of euro payments, even across national borders. This uniform approach strengthens the entire economic…

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