Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-14-Speech-2-235-062"

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"en.20120214.15.2-235-062"2
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". Migration to the Single Euro Payments Area or SEPA will affect users, including citizens and small and medium-sized companies while transposing the current system to a common Union-wide bank account numbering based on IBAN and BIC. However, so that the transition to this harmonised payment system within the EU is properly accepted, banks should be obliged to carry out specific and extensive information campaigns in order to raise public awareness especially in making understandable how the numbers of IBAN and BIC are composed. Furthermore banks should assure a transparent information policy in customer business. These undertakings are considered as very essential for a smooth and appropriate realisation of facilitating and secure Union-wide payment systems and the acceptance for the changes among the European citizens. This is another step that may seem technical but which really simplifies matters for European companies exporting within the intra-Community market."@en1

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