SEPA is up and running - what does it mean for banks and what are the benefits to consumers and businesses?

This video coincides with the launch of the Single European Payment Area (SEPA) launch and welcomes the long awaited unification of European cross border payments.

2607 banks have so far signed up for the scheme, bank customers are set to realise up to €123 bn over the next 6 years, and allow businesses to expand their euro-wide operations.

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