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L 94/22 EN Official Journal of the European Union 30.3.2012 REGULATION (EU) No 260/2012 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 14 March 2012 establishing technical and business requirements
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What is regulation eu no 260?
Regulation EU No 260/2012, also known as the Single Euro Payments Area (SEPA) regulation, sets out the rules and requirements for the standardization of electronic euro payments across the European Union.
Who is required to file regulation eu no 260?
Regulation EU No 260 requires all payment service providers, including banks and other financial institutions operating within the European Union, to comply with the regulations and file the necessary reports.
How to fill out regulation eu no 260?
Filling out regulation EU No 260 involves providing specific information about euro payments, including the originator's and beneficiary's account details, payment amount, currency, and other relevant transaction information. The exact process and format may vary depending on the payment service provider's systems and procedures.
What is the purpose of regulation eu no 260?
The purpose of regulation EU No 260 is to create a unified payments market within the European Union, ensuring that euro transactions can be processed efficiently, securely, and at the same cost as domestic payments.
What information must be reported on regulation eu no 260?
Regulation EU No 260 requires the reporting of specific information for each euro payment, including unique identifiers for the originator and beneficiary, account details, payment amount, transaction reference, and other necessary transaction information.
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