Basic bank accounts for all

Plenary Session Press release - Economic and monetary affairs − 15-04-2014 - 12:45

 

Anyone legally residing in the EU would have the right to open a basic payment account, and no-one could be denied this right on grounds of nationality or place of residence, under a new law passed by Parliament on Tuesday. This law should also ensure that fees and rules for all payment accounts are transparent and comparable and make it easy to switch to another payment account that offers better terms.  http://www.europarl.europa.eu/news/en/news-room/content/20140411IPR43466/html/Basic-bank-accounts-for-all