European Parliament
Raül Romeva i Rueda  (Verts/ALE ),
in writing
. −
In favour. This regulation serves the purpose of completing the single euro payments area (SEPA), i.e. the creation of a payments area (including EFTA) in which all payments are considered domestic, meaning that the fees and complexity for SEPA transactions may not exceed national standards. Public attention in some Member States has revolved around the issues of the rather long, new IBAN codes (22 digits) and country-specific issues such as ELV in Germany and MIFs in France.

