ropers wrote: > Read up on IBAN/BIC payments and/or on SEPA payments. >...
Been there, done that. At the bank(s) I have right now, things go well -- for now. I've seen all kinds of crap in the past so I'm not sure how many more years must pass before I consider such transactions reliable, though I've had no problems for a few years. Other nearby banks have problems, but I don't use them. A lot of service charges turn out to be a "mistake" and disappear when pointed out, but if you don't point them out, they will go on for years. > I can tell you that fairly swift intra-European cross-border > transactions with IBAN/BIC definitely do work, and they're as cheap as > national transactions ... Yes. *now* they are. However, at the time the Internet and, later, the web and, still later, home computer use in Europe was taking off, it was not. The initial reputation takes a while to wear off. These are great links below, so the main reason for the reply is to get them in the archive again. regards, -Lars > Relevancy links: > > http://ec.europa.eu/internal_market/payments/crossborder/index_en.htm > from there: >> Regulation (EC) No 2560/2001 on cross-border payments in euro eliminates the >> difference of price between cross-border and national payments. (...) The >> basic principle is that the charges have to be the same whether the payment >> is national or cross-border. > > IBAN/BIC, the current intra-European cross-border transaction system: > - http://www.ipso.ie/index.php?option=com_content&task=view&id=102&Itemid=250 > - http://en.wikipedia.org/wiki/IBAN > - http://en.wikipedia.org/wiki/ISO_9362 > > SEPA, the new and upcoming intra-European transaction system: > - http://en.wikipedia.org/wiki/Single_Euro_Payments_Area > - http://www.ecb.eu/paym/sepa/html/index.en.html > - http://www.sepa.ie/ > > http://en.wikipedia.org/wiki/Euroland > http://en.wikipedia.org/wiki/ECB > > Ok, sorry now for this digression, but I couldn't resist. > Thanks and regards, > --ropers
