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GE Money Bank offers to customers to make and receive fast and safe Euro payments in Latvia and Europe countries within SEPA.

 

SEPA (Single Euro Payment Area) is a common area of Euro payments with unified infrastructure and conditions, where is no difference between domestic and international payments in Euro currency.

 

Implementation of Single Euro Payments Area is based on political goal to strengthen the internal market of Europe and fortify rights and protection of all users (consumer, trader, big, small and medium enterprise) of payment services.

 

SEPA includes all EU countries, as well as Iceland, Lichtenstein, Norway, Switzerland and Monaco.

 

Benefits of SEPA payments:

  • Implementation of SEPA standards promotes processes’ standartization and payments automatization, as a result expenses are decreased;
  • No amount limitation for payments in Euro currency;
  • Full payment amount is guaranteed to a beneficiary;
  • Fast execution of payments;
  • Domestic and international payments are executed equally fast, safe and simple.

 

For more information, please contact the bank’s specialists at 1878, or contact the nearest GE Money Bank branch