Central Banking

Lithuanian central bank completes euro credit migration to Sepa

bank-of-lithuania

All euro payments received and made by the Bank of Lithuania on behalf of government institutions will now be carried out through the Single Euro Payments Area (Sepa) credit scheme as part of efforts to migrate to the pan-European payments scheme, the central bank said on February 6.

All 27 European Union member states, including non-euro countries such as Lithuania, have agreed to migrate towards the Sepa credit and debt transfer scheme by February 2014.

Although the majority of credit

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: