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Euro Banking Association

The Euro Banking Association plays a major role as a developer of European payment infrastructures. The development of cost-effective and efficient euro clearing systems are core activities of the association and have led to the creation of Europe's leading private large-value clearing system EURO1, the low-value payment system STEP1 and the first PE-ACH (pan-European automated clearing house) STEP2.

In addition to developing infrastructure, the Association is a voice for European Banks with national, European and international authorities. The Association also makes recommendations and participates in the formulation of industry-wide business practices for payments.

Website: www.abe.org