Basic bank account for every EU citizen

For many years, BEUC pushed for legislation to ensure every EU citizen could get a basic bank account.

On 15 April 2014, the Payment Accounts Directive was adopted by the European Parliament, granting all European consumers this right. This law also eases comparison of such bank accounts and facilitates switching. 

BEUC and its members supported the European Commission and Parliament with evidence to come to this successful conclusion, despite being faced with heavy opposition from a number of Member States and the banking sector.