The Dot Effect

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Should you be paying these fees?

Should you be paying these fees?

As I work with clients throughout Europe it has been incredible to note that since July 2015 SEPA came into effect and still there are banks that are trying to charge clients fees for international (European) transfers!

SEPA (The Single Euro Payments Area) is a payment-integration initiative by the European Union for the simplification of bank transfers denominated in Euros. As at July 2015, SEPA consists of the 28 member states of the European Union, the four member states of the European Free Trade Association (Iceland, Liechtenstein, Norway and Switzerland), Andorra, Monaco and San Marino.

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