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Stuffing your grandchildren's savings book will be more complicated

2021-03-05T05:40:34.626Z


The application of a European directive on payments is now modifying the procedure for deposits into a savings account.


Helping his grandchildren by placing money regularly in their Livret A Will he turn into a puzzle?

It's possible.

A large majority of banks today refuse actions that were once common.

This is the case for payments into a savings account (Livret A, LDDS, etc.) if they are made from outside.

The money must necessarily pass first through a house current account, held by the same beneficiary or his legal representative for a minor.

The same goes for transfers from one savings account to another, which are now systematically rejected.

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This sudden change may come as a surprise.

It is actually linked to the application of the European Directive on Payments (PSD2).

The restrictions have mounted in recent months.

“We have been alerted by bank customers for a while.

The first questions concerned

life insurance

contracts

, which could no longer be funded without a current account within the establishment, then today the passbooks.

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Source: lefigaro

All business articles on 2021-03-05

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