More NewsForbis Makes FORPOST SEPA-compliant

Forbis Makes FORPOST SEPA-compliant

Forbis Company has made its payment system, BIS FORPOST, single euro payments area (SEPA) -compliant to allow its existing and future clients to integrate into the EU payments system.

The implementation of SEPA means that new EU countries join the euro, it will not be necessary quickly to modify local payment systems, because the stipulated settlements will be performed in the SEPA format. The SEPA payment servicing tools allow the banks’ customers to make payments in euros more easily. The fees for SEPA payments may be lower than those of standard SWIFT payments.

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