SEPA Payments definition

SEPA Payments means payments made within SEPA and which are subject to the SEPA Credit Transfer or SEPA Direct Debit Scheme Rules.
SEPA Payments means payments in euro to accounts in the European Economic Area (EEA) countries, Monaco, San Marino and Switzerland under the Single Euro Payments Area (SEPA) scheme.

Examples of SEPA Payments in a sentence

  • Additional Fees pertain to all services provided by Rauva that exceed those described for each specific subscription plan, which include, but are not limited to, execution of SEPA Payments, the provision of physical or digital cards and the dispatching of Rauva Bills not foreseen in the respective subscription plans.

  • SEPA Payment: a service allowing you to make and receive electronic payments in the Euro Zone which is received by the recipient bank within 1 hour provided that the receiving organisation or bank is part of SEPA Payments Scheme.