European Economic
and Social Committee
Cross-border payments/Codification
Key points
The EESC:
- welcomes the Commission proposal on cross-border payments in the Union aiming at lowering the costs for cross-border payments in euros and at bringing more transparency regarding currency-conversion fees;
- endorses the fact that the Commission should analyse further possibilities – and the technical feasibility of those possibilities – of extending the equal charges rule to all Union currencies and of further improving the transparency and comparability of currency conversion charges.
For more information please contact the INT Section Secretariat.