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Paving the way for cashless society: EU may rule on basic bank accounts for all
Date 08/10/2010 13:35  Author webmaster  Hits 1532  Language Global
08 OCT 2010

Think Money (EU may rule on basic bank accounts for all)

The European Union (EU) may force all banks in its constituent countries to offer basic bank accounts to everyone over the age of 18, regardless of their financial background.

A report published by the EU claimed that around 30 million adults within these countries are currently without a bank account - excluding them from a range of useful services and potentially limiting their employment opportunities.

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