What is the difference between SEPA and SWIFT?

I. Introduction A. Explanation of the topic The topic of discussion in this article is the difference between two payment methods: SEPA and SWIFT. SEPA (Single Euro Payments Area) is a system of payment that operates within the European Union, allowing for fast and efficient transfers between banks within the EU. SWIFT (Society for Worldwide … Continue reading What is the difference between SEPA and SWIFT?