Tag: Daylight saving
-
VoP IBAN Verification and October EU Regulatory Updates
October brings a mix of EU-wide banking rules, digital health measures, and seasonal adjustments that touch households and businesses alike. Foremost among them is the introduction of Verification of Payee (VoP) for euro transfers, a move intended to reduce errors and curb fraud. Alongside this, banks must ensure real-time euro transfers can be sent free…