The European Parliament’s Committee on Economic and Monetary Affairs (ECON) has published a press release announcing that it has reached political agreement with the Council of the EU (in its configuration as the Economic and Financial Affairs Council (ECOFIN)) on the proposed Directive on the comparability of fees related to payment accounts, payment account switching and access to payment accounts with basic features (the Payment Accounts Directive).

The European Parliament is expected to adopt the Payment Accounts Directive in plenary session during 14 to 17 April 2014.

View Parliament and Council agree on basic bank accounts for all, 20 March 2014

View European Parliament and Council back Commission proposal on right of citizens to a basic bank account, 20 March 2014