SEPA zone

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Bank accounts

Difference Between a SWIFT and SEPA Payment

SWIFT and SEPA are two common cross border transfers. Both payment services make it possible for people to transfer funds between countries. However, while the two are almost similar, there is a difference between SWIFT and SEPA. SWIFT stands for Society for Worldwide Interbank Financial Telecommunications while SEPA stands for Single Euro Payments Area. Difference …

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