Brussels, 03/12/2008 (Agence Europe) - The European Commission, on Monday 1 December, welcomed the European Banking Industry Committee's (EBIC) adoption of a set of “Common Principles for Bank Account Switching”, which will make it easier for consumers to switch their current account from one bank to another within their own member state (see related article).
Consumer Protection Commissioner Meglena Kuneva said: “These principles mark an important first step towards making free bank...