Crypto friendly Xapo Bank integrates with single euro payments area network
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City AM
City AM
By Darren Parkin Gibraltar-based Xapo Bank has integrated with the single euro payments area (SEPA) network, allowing movement of funds in Euros (EUR). First introduced in 2008 and comprising 36 countries, SEPA allows for cashless EUR payments to anywhere in the European Union (EU), as well as a number of non-EU members. The SEPA feature within Xapo Bank’s mobile application enables members to send funds to or settle invoices with individuals and businesses holding accounts in any of the countries within the SEPA network. These include all European Union nations, the three European Economic Ar…