Re:Brexit Could Be Reversed - Here's How
by messe on Sunday July 30, 2023 @01:01PM
(#36933297)
To play devil’s advocate, a lot of that is now ameliorated by the decline of cash and the rise of certain neobanks. I’m in Denmark at the moment, and thanks to my banks (N26, Revolut), I can cheaply convert my savings (EUR) and spend in the local currency (DKK); either at transaction time (N26 and Revolut), or ahead of time (Revolut) all with minimal fees.
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Yes and the Neobanks, both N26 and Revolute rely on fact that financial regulators across the block recognise each other, so N26 regulated in Germany can operate in Ireland. Etc.