Euro transfers

Editorial says that the present very high charges by private banks on cross-border payments are not justified but that banks could not provide the service at less than cost price as long as there is no common payments system for the eurozone.

http://europa.eu/rapid/pressReleasesAction.do?reference=IP/01/1084&format=HTML&rapid=0&language=EN&guiLanguage=en http://europa.eu/rapid/pressReleasesAction.do?reference=IP/01/1084&format=HTML&rapid=0&language=EN&guiLanguage=en

http://ec.europa.eu/comm/consumers/policy/developments/fina_serv/index_en.html http://ec.europa.eu/comm/consumers/policy/developments/fina_serv/index_en.html

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