EURO developments: Bank charges

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Series Title
Series Details No.1 February
Publication Date February 1999
ISSN 0264-7362
Content Type

EURO developments:

Bank charges. The Commission has published a report on the response of the European banking associations to the Commission's Recommendation on bank charges for conversion to the euro. Over-all, the Commission has concluded that banks do not plan to charge for converting accounts and payments into the euro from 1.1.99. The Commission thus feels that there is no present case for legislative action in this area, but asks for individuals or organisations to report such changes if they occur.
Source: Press Release (European Commission), IP/98/1068 (8.12.98). See also Press Release
(European Commission), IP/99//90 (5.2.99)

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