INDEXO Bank joins SEPA payment system, completes first euro payments 

INDEXO Bank joins SEPA payment system, completes first euro payments 
INDEXO Komanda
10.07.2024

On July 9 INDEXO Bank has joined the unified SEPA payment system, which provides the ability to make and receive payments in euros. This is an important step for INDEXO Bank to commence full operations. It is planned that INDEXO Bank will start operations this summer and will offer instant euro payments to customers from day one. 

Currently, several members of the bank’s development team are already INDEXO Bank customers and are conducting real payment tests. Joining the SEPA payment system means that now, INDEXO Bank not only has the right to send euro payments to any bank within the system but also the obligation to accept or correctly reject euro payments to an account opened at INDEXO Bank. 

“We are currently finalizing preparations for INDEXO Bank to start operations this summer. It is already possible to make and receive payments in the bank, the bank’s systems are ready, and a mobile application has been developed. We will soon join the card payment system as well. In the meantime, we are ensuring that all processes are working smoothly, and we will announce the first working day of the new bank very soon,” says Valdis Siksnis, one of INDEXO’s founders and the chairman of the new INDEXO Bank’s board

SEPA, or Single Euro Payments Area, is a unified euro currency payment system that includes 36 countries: all 27 European Union countries, as well as Iceland, Norway, Liechtenstein, Switzerland, Monaco, San Marino, Andorra, Vatican City, and the United Kingdom. 

Comments

Leave the first comment

Citi noderīgi raksti

Sign up for INDEXO
news and be the first
to know

Sign up

Choose which
product to join

INDEXO
2nd pension pillar

6% of your salary is already being saved in 2nd pension pillar. Invest it more effectively with INDEXO.
Join

INDEXO
3rd pension pillar

Make contributions to 3rd pension pillar and save using automated investment system.
Join

Choose the best
plan for your age

INDEXO Jauda

16-50
Best for 16-50
year olds!
Volatile, with high profit potential
Join
Documents and conditions

INDEXO Izaugsme

47-57
Best for 47-57
years olds!
Moderately volatile, with moderately high profit potential
Join
Documents and conditions

INDEXO Konservatīvais

55+
Best for 55+!
Stability in the years before retirement
Join
Documents and conditions

Forwarding to Latvija.lv
is in progress

1

Authorize on the Latvija.lv portal using one of the available methods.

2

Submit e-application for selection or change the investment plan of 2nd pension pillar

3

Choose an investment plan best for your age
Skip instructions - switch to Latvija.lv
Skip instructions - switch to Latvija.lvSkip instructions - switch to Latvija.lvSkip instructions - switch to Latvija.lv