In 2013, generic SEPA functionality has been introduced in a uniform way in all country versions of Microsoft Dynamics NAV
The Single Euro Payments Area (SEPA) is a payment-integration initiative of the European Union aiming at simplifying bank transfers in the euro currency. As of November 2013, SEPA consists of the 28 EU member states, the four members of the EFTA (Iceland, Liechtenstein, Norway and Switzerland), and Monaco.
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