Dávid, Sándor - In: MNB Bulletin 3 (2008) 2, pp. 11-19
Payments Area (SEPA) is to improve the efficiency of low-value payments (i.e. retail payments) by establishing a common legal … framework and the application of standards. Among the elements of the SEPA project, our focus will be on schemes, in particular … the SEPA Credit Transfer Scheme (SCT) already essentially implemented in the EU and Hungary, which we will discuss in …