Letter to Commissioner Dalli on Bank Accounts
We welcome the consultation on bank accounts, as we believe that after the adoption of the Commission Recommendation there has not been significant progress through self-regulation, in particular in those countries where there is no legal right to a bank account. Access to a basic payment account for all is crucial to make people “fully participate in the economic and social life of today’s modern society”. Even if having a bank account does not ensure that the risk of being financially excluded is avoided, it is indeed the first primary step to ensure financial inclusion in our society.
