Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-14-Speech-2-234-062"
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"en.20120214.15.2-234-062"2
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"As I am in favour of integrating European payments markets, I supported the creation of a Single Euro Payments Area (SEPA). Bank transfers between Member States will be similar to domestic transfers. From now on, you will only need one bank account for your salary to be paid into, even if it is paid by another Member State. Likewise, transferring money to a foreign account will no longer incur fees. These provisions will enter into force in 2014 for the euro area."@en1
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