SEPA: It's time to prepare for Sepa

The standardisation of euro payments through the use of a single automated channel will benefit both debtors and creditors.

14th September, 2013
Barry Manning, head of corporate cash management, Danske Bank.

The standardisation of euro payments through the use of a single automated channel will benefit both debtors and creditors. But Barry Manning, head of corporate cash management, Danske Bank, said: "A lack of preparation for Sepa can place businesses at risk of delays in making and receiving payments to and from suppliers, staff and customers once the February 1, 2014 deadline passes."

Manning reckons that as many as 85 per cent of Irish businesses, and indeed 50...

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