Examples of using Basic payment account in English and their translations into Polish
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Price of a basic payment account.
If you are legally resident in an EU country you are entitled to open a"basic payment account.
Access to a basic payment account for every EU consumer.
Conditions for access to a basic payment account.
Access to a basic payment account for unbanked households.
In some EU countries, your bank might still charge you an annual fee for this basic payment account.
Also basic payment accounts should be available to all citizens across the EU.
MEPs also pass a new law guaranteeing EU residents the right to open a basic payment account.
Basic payment accounts available to all citizens are necessary and must be swiftly brought about.
Member States would be asked to ensure that at least one payment provider offers a basic payment account.
Ensure that where a basic payment account is not free of charge, the price is reasonable.
Banks, credit institutions and branches thereof, as well as credit unions(SKOK),will be required to offer basic payment accounts.
This basic payment account should be provided either free or at a reasonable charge by payment services providers.
Member States are thus free to designate one, several oreven all payment services providers as basic payment account providers.
Banks cannot refuse your application for a basic payment account just because you don't live in the country where the bank is established.
Most of the preferred options' impacts will be spread all across the EU, with a predominant effect on EU12 andon the majority of EU15 where no such basic payment account is offered for the time being.
A"basic payment account" is an account that covers standard transactions that you use in daily life, such as: making deposits.
It also asks Member States to compile reliable statistics related to basic payment accounts so as to ensure a better monitoring of the situation.
Characteristics of a basic payment account: The Recommendation specifies which payment services a basic payment account should and should not include.
The Commission will therefore present an initiative concerning access to a basic payment account for all citizens at a reasonable cost, wherever they live in the EU.
Ensuring that basic payment accounts are available for consumers will lead to a long-term win-win situation both from a domestic and cross-border perspective.
The proposed EU legislation should ensure that every consumer has the right of access to a basic payment account and should remove any obstacle to switching payment accounts. .
The implementation of the options would have a particularly positive effect on consumers, promoting their full participation in the internal market by improving availability,access to and affordability of basic payment accounts.
The proposed recommendation would foresee an evaluation of the effectiveness of the mechanism regarding access to basic payment accounts as well as a review of its application by Member States in meeting the objectives.
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.
In the case where payment service providers would not offer basic payment accounts voluntarily, Member States could appoint an individual provider(like in Austria, where a special bank has been set up to offer'social' type of payment services) or ensure that the request for the opening of a basic payment account are distributed among various providers(like in France) oroblige all providers to offer a basic payment account like in Belgium where all banks have to offer a basic payment account. .
Each Member State should determine what constitutes a reasonable charge, taking into consideration criteria such as the national income level,the average charges for payment accounts or the total costs of the provision of the basic payment account.