Examples of using A basic payment account in English and their translations into German
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Characteristics of a basic payment account.
Access to a basic payment account should not be made conditional on the purchase of additional services.
Conditions for access to a basic payment account.
Access to a basic payment account for unbanked households.
The Commission's proposal for a legal right to a basic payment account is to be welcomed.
Access to a basic payment account for every EU consumer.
With a basic payment account, you have the opportunity to use all important basic services while remaining flexible and secure.
Member States would be asked to ensure that at least one payment provider offers a basic payment account.
Characteristics of a basic payment account: The Recommendation specifies which payment services a basic payment account should and should not include.
The proposed EU legislation shouldensure that every consumer has the right of access to a basic payment account.
Ann Cairns concluded:"An EU mandate entitles every citizen to a basic payment account, and the World Bank and G20 have set a goal of universal financial access by 2020.
The payment service provider should not offer, explicitly or tacitly, any overdraft facilities in conjunction with a basic payment account.
The proposed EU legislation shouldensure that every consumer has the right of access to a basic payment account and should remove any obstacle to switching payment accounts. .
It is in this context that the European Commission publishes today its proposal for a Directive on the transparency and comparability of payment account fees,payment account switching and access to a basic payment account.
Ensuring access to services supporting integration in the labour market and in society,including by ensuring access to a basic payment account, electricity supply to vulnerable customers and access to affordable housing.
Similarly, concerning the initiative on access to a basic payment account, the Board's view was that there remained a need to demonstrate more convincingly the need for, and the proportionality of, a binding EU instrument.
It considers that any consumer residing in the Union, irrespective of his financial circumstances,should have the right to open and use a basic payment account, even in a Member State where he does not permanently reside.
The EESC welcomes theproposal to give all EU citizens access to a basic payment account, to ensure that payment account fees are transparent and comparable and to make it easier to switch payment accounts. .
The analysis has led to the conclusion that the most efficient/preferred option would consist in a progressive approach, whereby the European Commission, by way of a Recommendation, would set a series of principles and actions that Member States are expected to follow or develop,so as to ensure access to a basic payment account for those consumers who do not have a bankaccount in the country in which they seek to open one.
The EESC welcomes theproposal to give all EU citizens access to a basic payment account, ensure bank account fees are transparent and comparable and make switching bank accounts easier.
At the moment, the majority of Member States have not addressed the issue of access to a basic payment account at the national level, while those who have do not provide for cross-border access to consumers from other Member States.
In this context, Member States should make public the rights enjoyed by andthe obligations placed on the providers that are responsible for providing basic payment account.
A payment account with basic functions is offered by Austrian Anadi Bank AG exclusively in Euros and only provides the following banking services.
Any natural person who is lawfully resident in the European Union orwho has leave to remain there is entitled to a payment account with basic functions.
Member States must ensure that at least one payment service provider offers a payment account with basic features in their territory and they should inform the public about the availability of these payment accounts. .
This proposal aims to improve the transparency and comparability of fee information relating to payment accounts, facilitate switching between payment accounts, eliminate discrimination based on residency with respect to payment accounts andprovide access to a payment account with basic features within the EU.
More about payment account with basic functions.