Vote on Payment accounts:
- extracts from the debate (on 11/12)
- extracts from the vote on the report by Jürgen KLUTE (GUE/NGL, DE)
Première transmission: 12/12/2013
Strasbourg, France - European Parliament
Fin de production: 12/12/2013
Anyone legally residing in the EU should have the right to open a basic payment account, and this right should not be denied on grounds of nationality or place of residence, said MEPs voting on draft EU legislation to this end on Thursday. Fees and rules for these accounts should be transparent and comparable, and it should be easy to switch to another basic account offering better terms, adds the text, which will now be fine-tuned with EU member states. "In today's world, consumers as well as the retail sector depend upon access to modern payment services. Providing electronic payment services is not very costly, and they can make consumers' lives easier, boost business efficiency and help to modernize our economies. Parliament therefore considers it urgently necessary to require banks to provide these services and empower consumers to make informed choices. Parliament has dealt promptly with this file, and it is now up to EU member states to do likewise, so that we can conclude work on this file in spring next year", said lead MEP Jürgen Klute (GUE/NGL, DE), after the vote.
Only the original language version is authentic and it prevails in the event of its differing from the translated versions.
||Exterior shot of the EP, Strasbourg
||SOUNDBITE (German) Jürgen KLUTE (GUE/NGL, DE), Rapporteur: "If we have a student or a worker travelling to the UK or Italy it can be very difficult to close an old account or to open a new one, this directive should help consumers in the member states to open these payment accounts so that they can use the banking sector without obstacles".
||SOUNDBITE (German) Jürgen KLUTE (GUE/NGL, DE), Rapporteur: "Banks need to make accounts costs and interest rates easily comparable for consumers, and I am pleased that all groups have supported this part of the legislation".
||SOUNDBITE (English) Neven MIMICA, Commissioner: "The proposal on payment accounts that we are discussing today will open up the single market for financial services, for both consumers and businesses, thereby increasing competition, allowing consumers greater choice and driving down prices. It will also allow for better integration of all EU citizens in the economy by improving their access to financial services".
||SOUNDBITE (English) Neven MIMICA, Commissioner: "It is essential that the fee information provided to consumers before they open a payment account is both well targeted and relevant."
||SOUNDBITE (English) Neven MIMICA, Commissioner: "Easier access to financial services will enhance costumer mobility in the EU and will force the competition between providers encouraging them to offer better and cheaper products and services".
||EP Vice President Othmar KARAS opens the vote on the Payment accounts report by Jürgen KLUTE (GUE/NGL, DE). The report is adopted by a raise of hands. Cutaways on the rapporteur.