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“Paying with 06 number should be soon ‘
The European Central Bank wants to make it possible to cross with an email address or phone book money to everyone in Europe. That the ECB board member Yves Mersch said in an interview on RTL Z.
With the introduction of IBAN in 2014 it had to be easier to make international payments. It only made it difficult to remember for a long account number. Therefore, the ECB simplify the system in cooperation with banks, writes RTL Z. According to Mersch is that by linking the Iban an alias, such as a phone number or an email address. Also, the money should appear instantly in the recipient’s account, without the matter at which bank a person is or where someone lives.
It is intended that the system is opt-in, where the user himself must decide whether his telephone number is associated with a particular account number. Via an app or website of the bank must then be scrolled through a contact list to select the recipient. The IBAN number is automatically added when searched. The system should work the same for all of Europe, which means that if the user selects a person with a phone number from another European country, this number corresponds with the correct bank. It operates through a central European database where all the songs are linked. That database should be managed by an independent European institution.
When the system is entered exactly, Mersch will not lost as there are still several technical and legal hurdles must be eliminated. The ECB hopes this summer to give a date when the system can be introduced. Perhaps there should even be adapted legislation. A technical obstacle could be that someone has multiple IBAN numbers and only one phone.
The three largest banks in the Netherlands, according to RTL Z positive about the plan and welcomed the developments. Mersch hopes despite the obstacles that the system will be introduced over three years and perhaps earlier.Viewing:-153
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