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Tag: bank accounts

Banker: ‘Member states should handle rights to bank accounts’ - 18 September 2013 - Interview

The European Commission's proposals to give citizens the right to open a bank account are admirable, according to the European Banking Federation’s Eric Leenders, but there needs to be a clear distinction between opening accounts for economic migrants and opening accounts for social inclusion. He tells EurActiv that bank accounts for social inclusion purposes should be left within the determination of the member states.

Bankers balk at EU proposals to enable account switching - 16 September 2013 - News

Plans for empowering EU citizens with automatic cross-border rights to switch bank accounts within the bloc will be costly and too bureaucratic to implement, Europe’s largest banking lobby group has warned.

Questions linger about the efficacy of new bank account rules - 13 May 2013 - Opinion

Plans to allow EU citizens to switch bank accounts more easily, and offering fundamental rights to open an account, represent the opening salvo in a series of proposals this year. Helena Walsh argues that behind the consumer benefits of the banking proposals, thorny practical questions remain unaddressed.

Opening, switching bank account to become easier under new EU rules - 08 May 2013 - News

Europeans will find it easier to open and switch bank accounts and see what fees they are being charged under new rules proposed by the European Commission today (8 May).

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