Shqipëria Posted on 2024-11-22 12:22:00

The benefits of Albania's membership in SEPA - Experts: Positive step on the way to EU integration, tourists also benefit

From Lidion Kulla

The benefits of Albania's membership in SEPA - Experts: Positive step on

Albania's official membership in SEPA, which is the single Euro payments area, translates into faster times and lower costs for transfers.

According to the tax expert, Edvin Stefani, this membership will benefit Albanian citizens and businesses, as well as foreigners who come to Albania for tourism.

As for the experts of international relations, this is very good news also in the path of Albania's integration into the European Union, because practically the country's banking system has been integrated into the European one.

On Thursday, Albania officially became part of the geographical framework of the SEPA payment scheme, while the participation of Albanian financial institutions in this scheme will be enabled starting from April next year.

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