"Rian van der Borgt" wrote in message
...
On Tue, 23 May 2006 22:14:35 +0100, Graeme Wall wrote:
(Rian van der Borgt) wrote:
On Tue, 23 May 2006 21:09:23 +0100, Graeme Wall wrote:
(Rian van der Borgt) wrote:
...which I doubt is legal. Transactions in euro within the EU should
have the same costs as domestic transfers.

No, within the Eurozone

It's really the EU. You may want to check EU documentation, e.g.:
http://europa.eu.int/rapid/pressReleasesAction.do?reference=MEMO/03/140&format=HTML&aged=0&language=EN&guiLanguage=en

Providing the two accounts concerned are both Euro accounts, so
effectively
in the Eurozone. It is not easy to get a Euro account in a British High
Street bank.

No, the transfer must be in euros. See also:
http://ec.europa.eu/internal_market/payments/docs/reg-2001-2560/reg-2001-2560-article3_en.pdf

This probably helps to explain it...

If a Belgian firm sends a transfer in euros to a UK firm with a euro
account, the Regulation is applicable. The payment originator will pay the
same charges as for a domestic transfer. If the UK firm makes euro payments
to the euro area, the charges to the issuer will be the same as for a euro
transfer within the United Kingdom, and costs to the recipient, if any, will
be the same as for a domestic transfer.

Not entirely sure what the rule is on UK debit/credit cards being used in
Europe and being charged £1-3 or so for a simple ATM or purchase... is this
allowed on this theory too?

Paul