Brussels, 18/09/2003 (Agence Europe) - According to a study made public by the EFTA monitoring authority, the three EFTA countries of the European Economic Area (Norway, Iceland, Liechtenstein) have correctly introduced into their legislation the European directive on cross-border payments. It is, however, not always applied well due to "lack of control" sometimes.
The study points out that 1 in 645 transfers does not get to the beneficiary's account (98.4% success rate, as opposed to...