Felicitas Wilke, Munich
Fees to survey, compare fares and easier for the provider switch: two years Ago, a new EU legislation came into force definitively, to make it easier for the consumers, with their current account from one Bank to the next move. The policy wanted to encourage competition between the institutions for the benefit of the customers. Has it worked? Not really, the verbraucherzentrale Bundesverband (VZBV). In a paper, the the consumer advocates publish this Thursday, criticize that it is possible for Bank customers is still difficult to compare the different account models of the banks.