The European Commission has published a memo in which Michel Barnier, European Commissioner for Internal Markets and Services, welcomes the European Parliament’s vote on an additional transition period of six months during which non-SEPA payments can still be accepted in the Eurozone. Formal adoption of the proposal by the Council of the EU is expected shortly.

View Commissioner Barnier welcomes the European Parliament vote on an additional transition period of 6 months during which non-SEPA payments can still be accepted in the Eurozone, 4 February 2014