Jersey, Guernsey and Isle of Man now part of SEPA
by Kylene Casanova
The islands of Jersey, Guernsey and the Isle of Man, known as the British Crown Dependencies, are part of the geographical scope of the Single Euro Payments Area (SEPA) schemes, as of 1 May 2016.
This means that it is now possible to send and receive SEPA credit transfers and direct debits to and from those territories. In a statement, the European Payments Council (EPC), said: “Payment service providers of these territories and of the wider SEPA region have benefited from a three-month period in order to be operationally ready to implement the SEPA schemes in the British Crown Dependencies. The inclusion of these territories into the SEPA schemes geographical scope is a natural extension of the SEPA project and demonstrates the European willingness to harmonise digital payments in a broader area.”
The jurisdictional scope of the SEPA schemes consists of the 28 EU member states plus Iceland, Norway, Liechtenstein, Switzerland, Monaco and San Marino, bringing the total to 34 countries and jurisdictions - see map below (courtesy of the EPC).

Like this item? Get our Weekly Update newsletter. Subscribe today
