For example, the banking industry is expected to be confronted with initial investment costs in particular, which will clearly have an impact on the business of the banking industry. Corporations and retailers show concerns about the evolution of prices. It is important for the success of SEPA that these concerns are addressed.
Listening to the community, the ECB has tried to better understand the potential effects of SEPA for the different stakeholders. In general, we expect that the overall impact for the banking industry will vary according to different scenarios and stages of the SEPA project.