Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-07-02-Speech-2-213"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20020702.10.2-213"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spoken text |
". – The question by Mr Crowley concerns withdrawals of money from cash-dispensing machines. The Commission is aware that charges for withdrawals of euro notes in the euro area differ if the transaction takes place outside the country of residence.
However, the situation changed yesterday, 1 July, because Regulation 2560/2001 on cross-border payments in euros was adopted on 19 December last year. Charges for withdrawals of euros from cash machines and for the use of euro payment cards must be the same for both domestic and cross-border transactions as from yesterday. Until yesterday payment card issuers could impose a different set of charges on cross-border euro transactions. That is no longer possible.
At the moment the law states that the charges that apply to a domestic transfer of money – i.e. cash withdrawals from cash dispensers – must be the same as those applied across borders. A feature of the regulation, which I have just quoted, is simplicity. The rules stipulating identical charges is easy to explain to tourists using a payment card or a bank card for withdrawals from cash machines. The Commission issued a press release at the end of June explaining the new rules, which I assume will be to the satisfaction of Mr Crowley.
This Parliament played an important role in the drafting of the regulation, which provides an example of the practical advantages that Community action can bring to every citizen of Europe and of other countries, should they be in the euro area – advantages as soon as they wish to withdraw money from a cash dispenser."@en1
|
| lpv:unclassifiedMetadata |
Named graphs describing this resource:
The resource appears as object in 2 triples