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SEPA Timetable
SEPA has a number of critical dates for both Banks and corporates which are shown in the diagram below:
- 2007
- IBAN and BIC become mandatory for SEPA region credit transfers in Euros.
- Target2 goes live
- 2008
- Credit Transfer scheme goes live.
- SEPA Cards Framework goes live.
- PriEuro goes Live.
- 2009
- Direct Debit scheme goes live.
- 2010
- All SEPA schemes are live and mandatory.

