And thus it is official: At the latest, starting February 1, 2014, our present bank accounts, familiar since youth, are history. In their unbridled insanity of standardizing everything and everybody in Europe, the European parliament with a greater majority has managed one more step in putting the world in to a capital “disimprovement.”

(By Thorsten M.)

The corresponding regulation is called “EU Regulation for the Implementation of the Single European Payments Area” (SEPA), and means the future enforcement of a 22-digit bank account number (IBAN – International Bank Account Number) that will be made up of numerals and letters and is simply and grippingly longer than the current number made up of account number plus routing number.

The desire to whitewash us with EURO institution was shown in the statement that this would bring gigantic advantages with it, especially when travelling abroad, in this case leading us to believe in a benefit that is otherwise not achievable:

Thus, through the institution of this standardized bank account number it is supposed to be possible to save 120 billion (European ‘milliard’) euros through transfer fees that will fall away. In all seriousness, it isn’t practical any other way “that businesses and users process their total Euro transactions over a single account at a bank of choice.” At least, this, without becoming more Red, is what SPD European Representative Evelyne Gebhardt would have us believe.

The truth, however, is this: Certainly 99% of PI readers make well over 99% of their transfers to domestic accounts. Here, the usual bank accounts with fewer digits and letters have clearly been seen as advantage and a time saver over the years. Don’t forget that, for many, this is the account that one knows by heart! For the few international transfers that Joe the normal user has to do, there is already an IBAN bank number in small type on any online banking site. Moreover, this has been already long used in Europe-wide transactions by companies that have only a single account.

The Euro-Parliament could have decided without a problem that inner European transfers made through IBAN be made equal to those of the national transfers. Period!

Apparently this wasn’t enough for the Euroticism of standardization. After all, French, Germans or Poles need to be reminded every day that they have the privilege of being Europeans, while the people in Strassburg and Brussels now have the say.

It is sad that this Europe, besides having an unsuccessful currency, can manage to make noise about itself with such petty regulations. The hearts of the people, in any case, cannot be won over with such nonsense! We need to stop allowing these Eurocrats to persuade us that they are the “better” Europeans…

Posted by PI / Translation: Anders Denken

And thus it is official: At the latest, starting February 1, 2014, our present bank accounts, familiar since youth, are history. In their unbridled insanity of standardizing everything and everybody in Europe, the European parliament with a greater majority has managed one more step in putting the world in to a capital \"disimprovement.\" (By Thorsten ...

freethink, 19. Feb 2012 |  Print This Post |  Email This Post | post a comment    
Kategorie: EUSSR, Idiots;

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