The European Commission has extended the period of SEPA migration for another 6 months

Tue 14 Jan 2014

The European Commission has proposed to extend the period of SEPA migration for half a year, during which the payments out of a single euro payments area (SEPA) will still be accepted.

SEPA migration deadline was extended due to lower levels of migration than expected, and will run until August 2014. However, innovations do not change official migration period - February 1, 2014.