HERE'S hoping that new rules to be introduced by the EU in 2009 will make it easier to pay household bills with any credit or debit card.
The BBC reports that agreement has been reached that will let EU citizens pay for items using the services of a foreign bank.
The new legislation should also make it easier to transfer funds as common rules on the information required across different countries have been agreed.
It is a shame that it is going to take so long to come into effect, but it should open up banks to more competition and make it easier to pay for both goods and services without having to rely upon expensive money transfers.
Read how I save when transferring money 💶
Visit This French Life Currency Services to find out why I don't use a bank when I send euros to France.
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