Pan-European automated clearing house
id:
pan-european-automated-clearing-house-285-7541006
title:
Pan-European automated clearing house
text:
A pan-European automated clearing house (PE-ACH) is a clearing house that is able to settle SEPA compliant credit transfers and direct debits across the Eurozone. At present there is only one PE-ACH in operation – STEP2 – which was established by the Euro Banking Association in April 2003. According to a survey done by Equens, in the future PE-ACH might be less relevant as banks will settle their transactions via multiple clearing houses rather than using one central clearing house.
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Pan-European_automated_clearing_house
date created:
date modified:
2023-04-21T13:30:01Z
main entity:
{"identifier":"Q7129498","url":"https://www.wikidata.org/entity/Q7129498"}
image:
fields total:
13
integrity:
13