New EU rules enshrine right to bank account in other states

September marks a deadline for banks across the EU to start accepting customers living anywhere else within the bloc.

The EU Payment Accounts Directive was passed two years ago and set out a number of basic rules regarding current accounts, switching bank accounts between countries and comparing banks, charges and fees.

One of the most important rules for EU expats, who often keep accounts in two countries, is a ban on discrimination based on your place of residence. The EU legislation stipulates a ‘ ...

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