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'Fee-free' accounts existed way before this regulation. If you actually read the link it talk about fee-free in the sense of no charges for failed transactions.
by nikdoof 3y ago
'Fee-free' accounts existed way before this regulation. If you actually read the link it talk about fee-free in the sense of no charges for failed transactions.
- closewith 3y agoNo, the relevant part of the article is basic bank accounts. The change (and the Directive) was the result of banks withdrawing fee-free basic banks across the bloc as a cost-cutting measure in the wake of the 2008 financial crisis.