The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookiesbefore using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Cash management debate: Executive summary

Cash management debate - How to make sure that Sepa pays off
Cash management debate - Participants

• Sepa seeks to improve business efficiency, create a standardized payments world and consolidate infrastructure

• Clear cut-off points need to be established for the adoption of mechanisms, such as Iban and BIC, that will enable the payment systems, and for the abandonment of legacy systems

• More standardization is required in areas that banks have so far regarded as competitive space

• More efforts need to be made to bring bank and corporate bodies together for consultation on mass implementation

• A simplification and consolidation of clearing systems is imperative

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?