SEPA implemented

Date: 
27/11/2013

The support of payments, part of Single European Payment Area (SEPA), has been implemented into the system for internal funds administration of investment life insurance  IFA. The aim of SEPA is the unification of domestic and international payments between payers and recipients. In addition to the uniform format, SEPA brings down the costs of  making and processing the payments in information systems. The user of IFA is AEGON Life Insurance Company.

Tags: