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Economy => Service Discussion => Topic started by: XMLGold.eu on November 22, 2018, 09:49:26 PM



Title: SEPA - Single euro Payments Area
Post by: XMLGold.eu on November 22, 2018, 09:49:26 PM
SEPA - Single euro Payments Area (https://www.xmlgold.eu/en/news/article/776/sepa-transfer-time-regulations-countries-payments-review/)

Read the review "SEPA transfer time, regulations and countries" and get to know better what SEPA is and how it works!

https://lh3.googleusercontent.com/-0PFyjvS5S-I/W_bRKRsl_3I/AAAAAAAAFLo/TuLJqyhvqqorN64vk2XE6gPvAKl6JRYmwCJoC/w530-h259-n/Sepa%2Btransfer.JPG

In this review, you will find the following information:
- What is SEPA?
- SEPA transfer time.
- SEPA countries list.
- What benefits you could get by using SEPA payments?
- Disadvantages.
- Statistics.
- History.
- How to convert Bitcoin to Sepa transfer EUR?
- And more...

Read the full SEPA review here: https://www.xmlgold.eu/en/news/article/776/sepa-transfer-time-regulations-countries-payments-review/ (https://www.xmlgold.eu/en/news/article/776/sepa-transfer-time-regulations-countries-payments-review/)


Title: Re: SEPA - Single euro Payments Area
Post by: LeGaulois on November 23, 2018, 10:33:55 AM
SEPA has been a good thing for Europe, but I know some EU countries still don't use SEPA. It allows us to make bank transfers free of cost and quite fast. Sometimes less than 12 hours, so fast too. I personally don't see any disadvantage other than the bank is still able to identify the sender/receiver and can too decide to lock a transfer.

Your money but can't really do everything you want..... Oh, dear banks...


Title: Re: SEPA - Single euro Payments Area
Post by: XMLGold.eu on November 23, 2018, 06:41:17 PM
Thank you for your comment. Yes, Sepa transfer has some advantages if we are comparing it with the traditional Bank Transfer.


Title: Re: SEPA - Single euro Payments Area
Post by: Patatas on November 23, 2018, 09:06:22 PM
SEPA has been a good thing for Europe, but I know some EU countries still don't use SEPA. It allows us to make bank transfers free of cost and quite fast. Sometimes less than 12 hours, so fast too. I personally don't see any disadvantage other than the bank is still able to identify the sender/receiver and can too decide to lock a transfer.
I know some third world countries which have bank transfer methods like IMPS where money is sent to a destination within minutes. They also have high transfer limits. I like SEPA but taking more than 24 hours to reflect payments is a turn-off. Like why can't they create a system where money transfer is instant? The security issues aside but if someone is really in a need for cash in another European country, there should be a way out using SEPA.


Title: Re: SEPA - Single euro Payments Area
Post by: aoluain on November 23, 2018, 10:11:28 PM
I think SEPA is good for business. Payments are quicker and of course
it provides another step closer to an electronic financial system and
a step further away from cash.

I have used it a few times last year to buy Bitcoin and Litecoin from
online suppliers like anycoindirect.eu, downside is in fact the bank knows
about the payment.