Examples of using Basic payment account in English and their translations into Swedish
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Price of a basic payment account.
Total costs relating to the provision of the 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.
A requirement that all unbanked consumers are granted access to a basic payment account.
A basic payment account should include the following payment services.
If you are legally resident in an EU country you are entitled to open a"basic payment account".
Ensure that where a basic payment account is not free of charge, the price is reasonable.
MEPs also pass a new law guaranteeing EU residents the right to open a basic payment account.
It is important to ensure that principles on access to basic payment accounts are applied consistently throughout the Union.
Member States would be asked to ensure that at least one payment provider offers a basic payment account.
Parliament insists that all banks must offer a basic payment account to anyone legally residing in the EU©Belga/Belgian Freelance/D. Rys.
This Recommendation sets out general principles applicable to the provision of basic payment accounts within the Union.
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.
Member States should make public the rights enjoyed by and the obligations placed on the providers that are responsible for providing basic payment account.
Measures to enhance consumers' awareness of the availability of basic payment accounts are also necessary in order to promote financial inclusion.
Today's Recommendation from the European Commission on access to a basic payment account will promote financial
on the majority of EU15 where no such basic payment account is offered for the time being.
Ann Cairns concluded:"An EU mandate entitles every citizen to a basic payment account, and the World Bank
promoting their full participation in the internal market by improving availability, access to and affordability of basic payment accounts.
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,
the adoption by the Commission of a Recommendation on access to a basic payment account in July 2011 see IP/11/897.
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.
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 the proposal to give all EU citizens access to a basic payment account, to ensure that payment account fees are transparent
the total costs of the provision of the basic payment account.