Avadanei, Anamaria and Ghiba, Nicolae (2010): Implication of Single Euro Payments Area for financial services market. The case of Romania. Published in: MIBES 2010 Proceedings , Vol. ISBN 9, (6. June 2010): pp. 630-643.
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For our country, the development and the modernization of the national system of payments were and are a prevalent subject of the financial arena, after the socialist period since 1990. The purpose of this study is to examine the actual status and the future application of Single Euro Payments Area (SEPA). Frameworks, based on the Romanian experience. The study is structured on chapters that present the theoretical background of the theme, the strategy for the adoption and migration to SEPA payment instruments, the actual stage and the challenges of the SEPA implementation in Romania. Our aim is to underline the importance of adopting Single Euro Payments in our country and to present its overall impact on the national financial services market. Although Romania may be facing obstacles in terms of joining the Euro zone, it is already well integrated in terms of payment infrastructures and has already put in place SEPA instruments.
|Item Type:||MPRA Paper|
|Original Title:||Implication of Single Euro Payments Area for financial services market. The case of Romania|
|English Title:||Implication of Single Euro Payments Area for financial services market. The case of Romania|
|Keywords:||Single Euro Payments Area; direct debit; Payments Services Directive; corporate bodies; Romanian banking system|
|Subjects:||F - International Economics > F3 - International Finance > F30 - General
E - Macroeconomics and Monetary Economics > E4 - Money and Interest Rates > E44 - Financial Markets and the Macroeconomy
|Depositing User:||Anamaria Avadanei|
|Date Deposited:||09. Feb 2011 09:32|
|Last Modified:||17. Feb 2013 20:28|
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