The Single Euro Payments Area, or SEPA, brings together providers and users of payment services from all the countries of the European Union, plus Iceland, Liechtenstein, Monaco, Norway, San Marino and Switzerland.

SEPA is intended to make payment services and solutions for all European... more


At a meeting on Thursday of the Estonian Payment Forum in Eesti Pank, the banks confirmed that companies that make bulk payments have largely finished upgrading their systems and the conditions of the Single Euro Payments Area (SEPA) will apply in full from 1 February 2016.

“By now, most... more

Airi Uiboaid Eesti Pank Payment and Settlement Systems Department
  • In Estonia, as in Finland, bank cards are used a lot, but there is relatively little card fraud
  • There were five cases of bank card fraud in Estonia for every 1000 residents of the country, with... more
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