regul ec european parliament council decemb cross border payment euro european parliament council european union regard treati establish european commun articl thereof regard propos commiss regard opinion econom social committe regard opinion european central bank act accord procedur laid articl treati direct ec european parliament council januari cross border credit transfer sought improv cross border credit transfer servic notabl effici aim enabl consum small medium size enterpris make credit transfer rapidli reliabl cheapli part commun credit transfer cross border payment gener extrem expens compar payment nation level emerg find studi undertaken commiss releas septemb consum insuffici inform cost transfer averag cost cross border credit transfer chang compar studi carri commiss commun european parliament council januari retail payment intern market european parliament resolut octob commiss commun juli mean assist econom actor switch euro report european central bank septemb septemb improv cross border payment servic underlin urgent effect improv field commiss commun european parliament council econom social committe committe region european central bank april prepar introduct euro note coin announc commiss instrument dispos step ensur cost cross border transact brought close line cost domest transact make concept euro zone quot domest payment area quot tangibl transpar clear citizen compar object reaffirm euro book monei introduc achiev uniform similar charg structur euro signific result term reduc cost cross border payment compar intern payment volum cross border payment grow steadili complet intern market take place area border payment facilit introduct euro fact level charg cross border payment continu remain higher level charg intern payment hamper cross border trade constitut obstacl proper function intern market affect confid euro order facilit function intern market ensur charg cross border payment euro charg payment made euro member state bolster confid euro cross border electron payment transact euro principl equal charg appli take account adjust period institut extra workload relat transit euro juli order implement infrastructur condit transit period cross border credit transfer appli juli present advis appli principl uniform charg paper chequ natur process effici mean payment electron payment principl transpar charg appli chequ order custom assess cost cross border payment inform charg appli modif hold case currenc euro involv cross border euro payment transact regul affect possibl institut offer inclus fee payment servic provid discrimin cross border nation payment import provid improv facilit execut cross border payment payment institut respect standardis promot intern bank account number iban bank identifi code bic autom process cross border credit transfer widest code consid essenti addit measur entail extra cost remov order lower charg custom cross border payment lighten burden institut carri cross border payment gradual remov oblig regular nation declar purpos balanc payment statist order ensur regul observ member state ensur adequ effect procedur lodg complaint appeal settl disput origin institut beneficiari institut applic exist procedur desir juli commiss present report applic regul provis made procedur regul appli cross border payment made currenc member state member state decid adopt regul articl subject matter scope regul lai rule cross border payment euro order ensur charg payment payment euro member state appli cross border payment euro eur commun regul appli cross border payment made institut account articl definit purpos regul definit appli quot cross border payment quot mean quot cross border credit transfer quot transact carri initi origin institut branch member state view make amount monei beneficiari institut branch member state origin beneficiari person ii quot cross border electron payment transact quot cross border transfer fund effect mean electron payment instrument order execut institut cross border cash withdraw mean electron payment instrument load unload electron monei instrument cash dispens machin autom teller machin premis issuer institut contract accept payment instrument iii quot cross border chequ quot paper chequ defin geneva convent provid uniform law chequ march drawn institut locat commun cross border transact commun quot electron payment instrument quot mean remot access payment instrument electron monei instrument enabl holder effect electron payment transact quot remot access payment instrument quot mean instrument enabl holder access fund held account institut payment made paye requir person identif code similar proof ident remot access payment instrument includ payment card credit debit defer debit charg card card phone home bank applic definit includ cross border credit transfer quot electron monei instrument quot mean reload payment instrument store card comput memori unit store electron quot institut quot mean natur legal person busi execut cross border payment quot charg levi quot mean charg levi institut directli link cross border payment transact euro articl charg cross border electron payment transact credit transfer effect juli charg levi institut respect cross border electron payment transact euro eur charg levi institut respect payment euro transact member state establish institut execut cross border electron payment transact locat effect juli latest charg levi institut respect cross border credit transfer euro eur charg levi institut respect credit transfer euro transact member state establish institut execut cross border transfer locat effect januari amount eur rais eur articl transpar charg institut make custom readili comprehens form write includ accord nation rule electron mean prior inform charg levi cross border payment payment effect member state establish locat member state stipul statement warn consum charg relat cross border chequ chequ book modif charg commun paragraph advanc date applic institut levi charg exchang currenc euro institut provid custom prior inform exchang charg propos appli specif inform exchang charg appli articl measur facilit cross border transfer institut applic commun custom request intern bank account number iban institut bank identifi code bic custom request commun institut carri transfer iban beneficiari bic beneficiari institut custom commun inform addit charg levi institut case institut provid custom inform addit charg accord articl effect juli institut statement account custom annex thereto iban institut bic cross border invoic good servic commun supplier accept payment transfer commun iban bic institut custom articl oblig member state member state remov effect juli latest nation report oblig cross border payment eur balanc payment statist member state remov effect juli latest nation oblig minimum inform provid beneficiari prevent autom payment execut articl complianc regul complianc regul guarante effect proportion deterr sanction articl review claus juli commiss submit european parliament council report applic regul cross border payment system infrastructur advis improv consum servic strengthen condit competit provis cross border payment servic impact applic regul charg levi payment made member state advis increas amount provid articl eur januari take account consequ undertak report accompani propos amend articl entri forc regul enter forc dai public offici journal european commun regul appli cross border payment made currenc member state notifi commiss decis extend regul applic currenc notif publish offici journal commiss extens effect dai public regul bind entireti directli applic member state brussel decemb european parliament presid fontain council presid neyt uyttebroeck oj opinion deliv decemb publish offici journal oj opinion european parliament novemb publish offici journal council common posit decemb oj decis european parliament decemb oj iso standard iso standard