Alert from the ECC-Net: IBAN discrimination, still an issue for EU consumers

IBAN discrimination still fragments Europe’s Single Market. Despite clear rules in the SEPA and Geo-blocking Regulations and the Payment Accounts Directive guaranteeing equal treatment of all EU bank accounts, many businesses and administrations continue to refuse non-domestic IBANs. ECC-Net calls for swift, consistent enforcement to uphold consumers’ rights and unlock the full potential of Europe’s payments market.