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The impact of the Single Euro Payments Area on European corporates

Author

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  • Avadanei, Andreea

Abstract

The creation of Single Euro Payments Area is the most important change affecting the financial services market in Europe, after the launch of the single currency. The project extends upon all payment industry players. The purpose of this paper is to highlight the implications of SEPA initiative on European corporate bodies, in terms of challenges, opportunities and benefits, and how the associated advantages can be obtained as a result of a solid collaboration with the partner banks and the effective implementation of the SEPA standards and products. Customers, both consumers and corporations will greatly benefit of the whole range of new opportunities offered, as the project promotes the efficiency, competition and innovation.

Suggested Citation

  • Avadanei, Andreea, 2009. "The impact of the Single Euro Payments Area on European corporates," MPRA Paper 28613, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:28613
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    File URL: https://mpra.ub.uni-muenchen.de/28613/1/MPRA_paper_28613.pdf
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    More about this item

    Keywords

    Single Euro Payments Area; corporate bodies; financial crisis; standardization;
    All these keywords.

    JEL classification:

    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • D20 - Microeconomics - - Production and Organizations - - - General
    • G01 - Financial Economics - - General - - - Financial Crises

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