Why it’s so hard to fix banking: An interview with Simple’s exiting CEO

Re:Why it’s so hard to fix banking: An interview with Simple... by hocuspocus on Saturday May 19, 2018 @09:17AM (#17107770)

There is. The banking portability law is even called after your president :)

Most banks offer it, or at least claim to. However there's still no penalty for banks that don't do their job properly. But it shouldn't stop you, transferring all your SEPA direct payments isn't that hard even if you do it yourself.

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Re:Why it’s so hard to fix banking: An interview with Simple... by simias on Saturday May 19, 2018 @10:20AM (#17107987)

Thank you for the tip, I'll be sure to look into that the next time my bank annoys me, which statistically shouldn't take too long.

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Re:Why it’s so hard to fix banking: An interview with Simple... by hocuspocus on Saturday May 19, 2018 @10:30AM (#17108014)

Get a referral or wait for a promotional offer, the big players (Boursorama, Fortuneo, ...) regularly offer 130~150€ sign-up bonuses, which is a decent compensation for the time you'll invest switching banks.

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