Move your money ensuring your rights.
Did you know that for transnational payments in theEU, Iceland, Liechtenstein and Norway the bank is obliged to provide clear information about any type of charge or commission applicable? And that if the payment is made in Euros or Swedish krona, the entity may not charge more than for a national operation for the same value in Euros? Find out about your rights as a consumer when making payments and transfers or when you use cheques as a method of payment.
For any transnational payment in the EU, Iceland, Liechtenstein and Norway, the bank shall provide clear information about any type of charge or commission, and if the payment is made in Euros or Swedish krona they may not charge more than for a national operation for the same value in Euros. This regulation applies to all payments made electronically, including the following:
Banks in EU countries that do not belong to the Euro zone* must also apply this regulation.
With regard to the deadline for crediting electronic transfers and payments, in the EU, your electronic payments must be credited within one working day.
*Euro Zone: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Slovakia, Slovenia, Spain, The Netherlands and Portugal.
The European legislation on bank commissions for national and international payments is not applicable to cheques. However, commissions for cashing cheques issued in another EU country are often very high. In addition, in many EU countries, cheques are no longer accepted as a method of payment.
Antes de emprender un viaje:
European legislation
Spanish legislation. Laws