SEPA – the Single Euro Payments Area

The single European currency and a single set of payment instruments comprise the Single Euro Payments Area.

SEPA project represents the next step towards the single European market in which any customer throughout Europe will be able to make non-cash payments in an equally quick, safe and easy way as currently domestic payments.

Latvia, similar to the other SEPA countries, has launched the SEPA project.

News

3.04.2012

SEPA Cards Framework Sub-group of Latvia's National SEPA Working Group holds the seventh meeting.

30.03.2012

The European Parliament and the Council adopted the Regulation (EU) No 260/2012 establishing technical and business requirements for credit transfers and direct debits in euro and amending Regulation (EC) No 924/2009.

20.03.2012

The meeting of the Association of Latvian Commercial Banks SEPA Working Group.

28.02.2012

The Payment Cards Committee of the Association of Latvian Commercial Banks information to Latvian merchants (available in Latvian,  65 KB) about the POS terminal technical maintenance and SEPA compliance.

21.02.2012

Introductory presentation on Payment card industry data security standard. Updated (available in Latvian,  360 KB).

Last updated: 09.05.2012. 09:45