Fabian Demicoli

Bank accounts:

Commission acts to make bank accounts cheaper, more transparent and
accessible to all European
citizens cannot fully participate in society without a basic bank account. Bank
accounts have become an essential part of our everyday life, allowing us to
make and receive payments, shop online, and pay utility bills (telephone, gas,
electricity).

Whilst single market legislation has ensured that banks can
operate throughout the European Union and offer their services cross-border,
this mobility is not mirrored for citizens who are often unable to open an
account in another Member State or to easily switch from one bank to another.
Furthermore, consumers often pay above the odds for the services they receive
from their bank and struggle to have clarity on the various fees charged. It is
in this context that the European Commission has published its proposal for a
Directive on the transparency and comparability of payment account fees,
payment account switching and access to a basic payment account

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The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.

A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).