Written Parliamentary Question on the closure of saving accounts when moving within the EU - Main contents
Source: S.H. (Sophie) in 't Veld i, published on Tuesday, July 3 2018.
Question for written answer to the Commission
Rule 130
Sophia in 't Veld (ALDE)
Subject: Closure of saving accounts when moving within the EU
It has been brought to our attention that certain banks established in an EU member state, will close a savings account of a customer when that person moves to another member state. The National Supervisory Authority, in response to a complaint by a citizen, considers it the freedom of the bank to apply its own criteria. However, the practice would seem to constitute an obstacle to free movement of persons.
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-Is the Commission aware of the above mentioned practice, where a bank closes a saving account with the sole reason the person moved to another Member State?
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-Does the Commission consider that such practice is in line with EU law, including, in particular, the four freedoms?
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-Does the Commission intend to further investigate this practice and take the necessary action to prevent it from happening?