Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-14-Speech-2-243-000"
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"en.20120214.15.2-243-000"2
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"I should like to congratulate Ms Essayah on her work. The regulation approved today will bring real benefits to ordinary citizens. The most obvious of these is the possibility of making payments to any country from a single bank account, as if carrying out a domestic transaction. All cross-border transactions will be able to be made as if they were national payments. If someone living abroad does not need a bank account in their country of residence, they will be able to receive their salary on their account in their country of origin.
Businesses will also benefit from the fact that they will no longer have to open a bank account in every country where they make payments. A European citizen will be able to move around in the EU and continue to use the same euro bank account, on which they will also be able to receive money earned in another EU Member State. They will be able to pay an invoice in one country with an account opened in another.
Competition between service providers should also push prices down, while the application of discriminatory cost policies for credit transfers based on the amount of the transfer will be banned."@en1
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