Payment services, Cross-border payments in euro: Regulation on equality of charges, Background documents/Archive

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Archives & background


Regulation (EC) No 2560/2001

1.11.2009 Regulation (EC) No 2560/2001 repealed by Regulation (EC) No 924/2009
10.3.2004 Note on practical aspects of the implementation of Article 3 of Regulation (EC) No 2560/2001 and the notion of 'corresponding payments' for credit transfers PDF - 25 KB
2003 Article 9 – The possible extension of the Regulation to Swedish krona, Danish kroner or pound sterling, MARKT/4000/2003 PDF - 27 KB
2002 Article 3 – The principle of equality of charges between national and cross-border payments, MARKT/2902/2002 PDF - 170 KB
11.7.2002 Extension of Regulation (EC) No 2560/2001 to Swedish Kronor
Article 9 of the Regulation stipulates that, should the Member State concerned so decide, certain provisions may also apply to payments in Swedish kronor, Danish kroner or pound sterling. The Swedish authorities have decided to extend the Regulation to the Swedish krona, Communication of the Commission, OJ C 165.
19.12.2001 Regulation (EC) No 2560/2001
25.9.2001 Proposal for a Regulation on cross-border payments in euro, COM(2001)439

Guidance

Studies, consultations, reports

11.2.2008 Report from the Commission to the European Parliament and the Council on the application of Regulation (EC) No 2560/2001 on cross-border payments in euro, COM(2008)64
Annex to the report, SEC(2008)141 PDF - 266 KB
18.12.2006

Staff Working Document on the impact of Regulation (EC) No 2560/2001 on bank charges for national payments, SEC(2006)1783 PDF - 647 KB

  Comments received on the consultative document authorised for publication
19.10.2005 Consultative document by Commission Services on Regulation (EC) No 2560/2001 PDF - 176 KB
September 2005 Study on the impact of Regulation 2560/2001 on bank charges for national payments, RBR PDF - 367 KB
September 2005 Regulation 2560/2001: Study of competition for cross-border payment services, RBR PDF - 647 KB
  Studies
2001 Study on the verification of a Common and Coherent Application of Directive 97/5/EC on Cross-Border Credit Transfers in the 15 Member States - Transfer exercice
Key findings of the study
Full text PDF 161 KBEnglish
List of Banks used in the Transfer Exercise PDF 10 KBEnglish
Annexes (A, B)
Fig 54: Total time per transfer PDF 7 KBEnglish
Fig 55: Total cost per transfer PDF 10KBEnglish
Fig 56: Sender cost per transfer PDF 8 KBEnglish
Fig 57: Foreign exchange loss per transfer PDF 8 KBEnglish
Fig 58: Receiver deductions per transfer PDF 8 KBEnglish
23.5.2000 Survey on banks costs PDF - 30 KBFrançais
Summary of the survey's results

News & FAQ

News

11.1.2007 Cross-border euro payments now significantly cheaper, IP/07/32
26.6.2003 EU Regulation aligns charges for cross-border credit transfers in euro, IP/03/901
27.6.2002 New EU rules mean cheaper cash withdrawals and bank card payments abroad, IP/02/941
27.11.2001 Commission welcomes Council’s political agreement on cross-border payments proposal, IP/01/1668
15.11.2001 Commission welcomes Parliament’s support for proposal on cross-border payments in euro, IP/01/1595
20.9.2001 New Commission study confirms persistent high charges, IP/01/1293
+ Read more
23.5.2000 Commission urges banks and Member States to cut costs, IP/00/505
+ Read more
4.2.2000 Commission urges banks to improve cross-frontier payment systems, IP/00/108
5.2.1999 Commission steps up ongoing action after introduction of the euro, IP/99/90

FAQ

26.6.2003 Regulation on cross-border transfers in euro to apply from 1 July 2003, FAQ, MEMO/03/140
27.6.2002 Regulation on cross-border payments in euro to apply from 1 July 2002, FAQ, MEMO/02/154
20.9.2001 Key findings of the study, FAQ, MEMO/01/294

Last update: 06.02.2012