This is a tool that helps in moving to the SEPA or Single Euro Payments Area.
The European Union initiated the move to a single uniform way to do financial transfers between the Euro countries. This should simplify bank transfers in euro between the countries. So far 28 EU member states have joined the move and four members of the EFTA (Iceland, Liechtenstein, Norway and Switzerland), Monaco and San Marino have joined the move in addition. This move should improve the efficiency of cross-border payments. The fragmented national markets for euro payments should become a single domestic one. Cashless euro payments to people located in the common area using one bank account and one set of payment instruments should become possible. Common financial instruments, processes, standards etc. are supposed to be set up through this initiative. SEPA transfer in the SEPA format is provided by this tool. It eases the process of European foreign remittances, as also the use of SEPA transfer as SEPA converter (such as DTA files).
This tool is compatible with Windows 8.1, Windows XP, Vista, 7, 8 as well as 2012 R2 and 2003 servers. Both 32 and 64v bit versions are compatible. Migration to SEPA schemes are supported through the utility. With SEPA transfer you make SEPA credit transfers, drag SEPA direct debits and manage SEPA mandates. These are simple processes and most users will be able to get on top of these easily. These could be handled automatically too. Direct debits, data imports in several formats, transaction templates for reuse, and even POS terminals features are available. This is a very good tool.