Re:D.C.'s ban on cashless businesses takes effect
by nikdoof on Wednesday October 04, 2023 @03:52AM
(#37762151)
'Fee-free' accounts existed way before this regulation. If you actually read the link it talk about fee-free in the sense of no charges for failed transactions.
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Re:D.C.'s ban on cashless businesses takes effect
by closewith on Wednesday October 04, 2023 @04:00AM
(#37762192)
No, the relevant part of the article is basic bank accounts.
The change (and the Directive) was the result of banks withdrawing fee-free basic banks across the bloc as a cost-cutting measure in the wake of the 2008 financial crisis.