Improved cross-border payment services - Commission staff working document summary of the impact assessment
||21 December 2011
||COM(2010) 775 final
The deal reached by MEPs and Member State negotiators lays down EU-wide rules which should ensure that payment service providers compete fairly, eliminate hidden national bank charges, and accelerate transfers. This could save up to €123 billion within six years, benefiting clients, banks, and businesses.
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