The Single Euro Payments Area (SEPA) is an EU initiative to harmonise payments across the Eurozone.
Which countries are part of SEPA?
SEPA consists of the 28 EU member states together with the four members of the European Free Trade Association (Iceland, Liechtenstein, Norway and Switzerland). Monaco and San Marino are also part of SEPA.
SEPA payments are only used for euro-denominated transactions. For this reason, the percentage of customers reachable by SEPA payments varies on a country-by-country basis.
In Eurozone countries, all bank accounts that were previously reachable through a national scheme are now reachable via the SEPA payment schemes:
Finland (including Aland Islands)
France (including French Guiana, Guadeloupe, Martinique, Mayotte, Saint Barthélemy, Saint Martin (French part), Réunion and Saint Pierre and Miquelon)
Monaco (Monaco and San Marino have bilateral agreements with the EU to use the euro as their official currency)
Portugal (including Azores and Madeira)
San Marino (Monaco and San Marino have bilateral agreements with the EU to use the euro as their official currency)
Spain (including Canary Islands and Ceuta en Melilla)
In non-eurozone countries, the SEPA schemes are only used for euro-denominated payments. Reachability is only required for euro-denominated bank accounts. For payments made in the local currency, national schemes should continue to be used.
United Kingdom (including Gibraltar)
SEPA and GoCardless
GoCardless is the online Direct Debit specialist. Merchants can collect and manage their SEPA Direct Debit payments from any of the countries in the SEPA zone, using our online dashboard or simple REST API.
To find out more about collecting Direct Debit payments across Europe, or to register your interest with GoCardless, check out our borderless payments page.