Pan-European automated clearing house
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.
Wikipage disambiguates
Wikipage redirect
primaryTopic
Pan-European automated clearing house
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.
has abstract
A pan-European automated clear ...... ng one central clearing house.
@en
Wikipage page ID
14,357,056
page length (characters) of wiki page
Wikipage revision ID
895,125,391
Link from a Wikipage to another Wikipage
wikiPageUsesTemplate
subject
comment
A pan-European automated clear ...... ng one central clearing house.
@en
label
Pan-European automated clearing house
@en