European Central Bank

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Serbia set to join SEPA system, improving payment efficiency for citizens and businesses

Nenad Petrović, Director of the Payment System Sector at the National Bank of Serbia (NBS), announced that Serbia is soon to join the SEPA system, the common European payments system and the Single Euro Payments Area. This will lead to more affordable and efficient payment transactions for Serbian citizens and businesses. The European Commission is expected to confirm Serbia's readiness by early December. Petrović emphasized that Serbia has completed all necessary steps on its end for joining the SEPA system…

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