radex78 Posted June 29, 2023 Share Posted June 29, 2023 Introduction to unified payments across Europe Almost 20 years have passed since the wish to become members of the European Union was at the very top of national priorities for many formerly independent European countries, which had until then had their own national currency. The formation of the European Union was a natural progression from what had emerged during the 1970s as the European Economic Community (EEC), taking European countries from completely independent status, bound only by a common economic market, to a fully-fledged union of nations which would eventually have a centralized parliament and one issuer of a common currency - the European Central Bank. Since the Euro, now recognized globally as one of the major sovereign currencies, was introduced in January 1999, it has become a de facto currency for global business and a common unit for many European citizens, and worrying about transferring from one unit to another with the associated costs just for going shopping a few kilometres away just because it happens to be across a national border, is a thing of the past. Read more https://monevium.com/blog/what-is-sepa-and-how-does-it-work/ Quote Link to comment Share on other sites More sharing options...
BTCETH Trader Posted November 2, 2023 Share Posted November 2, 2023 With the use of the various crypto currencies we will also need to learn about the process of opening a Bank account in France. France has a sizable and decentralised banking sector with dozens of tiny, regional companies drawing substantial numbers of customers. Quote Link to comment Share on other sites More sharing options...
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