Re: Bitcoin-Central, first exchange licensed to operate as a bank. This is HUGE
I largely agree, except that the final step isn't tiny and in my opinion won't happen on a global scale until exchange rates stabilize.
There will be no stabilization: bitcoin value will always go up in respect to fiat 
So, SEPA sounds like a fast ACH. Most people in the US don't know what ACH is though. If I say to a European customer, "The best method to pay me will be probably making a SEPA transfer; here's my IBAN number.", are they going to know what I am talking about and not be reluctant to do it?
SEPA is the standard way to transfer money between banks in Europe: not only it's known to everybody (maybe with a different name in every country) but the law forces the cost of the transaction to be the same for in-country or between countries.So if you have a contract with your bank which gives you free bank transfers in your country, by law the bank must give you free transfers in all the EU zone (like mine).