SEPA is a European project, which, once defined, is to be implemented necessarily by each country.
Each country is charged with drawing up a migration plan, i.e a document describing how the country intends to implement the European payment instruments. The migration phase is indeed country-specific and depends on each country’s starting point.
The Banque de France and the French Banking Federation set up the National SEPA Committee, which is composed of representatives of all stakeholders, to draw up the French migration plan.
The National SEPA Committee adopted a first version of the national migration plan on 26 October 2006. A second version has been adopted during the 11 October 2007 meeting of the Committee.