Skip to main content

IBM Financial Transaction Manager for SEPA Services

Web Doc


Published on 11 April 2013

  1. View in HTML
  2. .PDF (1.2 MB)

Share this page:   

IBM Form #: TIPS0993

Authors: Martin Keen

    menu icon


    The Single Euro Payment Area (SEPA) involves the creation of a zone in which all electronic payments across Europe are considered domestic. There is no difference between national and intra-European cross border payments. SEPA aims to improve the efficiency of cross-border payments, to defragment national payment markets, and to allow customers to make cashless Euro payments by using a single bank account and payment instruments. SEPA consists of all 27 European Union (EU) member states and includes Iceland, Norway, Liechtenstein, Switzerland, and Monaco. The payment schemes and frameworks that are necessary to realize SEPA are defined by the European Payments Council (EPC).

    IBM® Financial Transaction Manager for SEPA Services is used to manage, orchestrate, and monitor financial transactions that relate to SEPA payments.



    Others who read this also read

    Special Notices

    The material included in this document is in DRAFT form and is provided 'as is' without warranty of any kind. IBM is not responsible for the accuracy or completeness of the material, and may update the document at any time. The final, published document may not include any, or all, of the material included herein. Client assumes all risks associated with Client's use of this document.