The law Macron on banking mobility, which came into force on 6 February last, was to facilitate and automate the efforts of consumers to change bank. Seven months after, the association UFC que choisir paints a negative picture of the device. At the conclusion of a survey of 4,900 consumers and the review of the first dispute, the UFC has denounced “the new obstacles put by the bank in the competition”, the refusal of the mandates of the mobility to the errors in the transfers and not to forget the “juicy commissions presentations” on the accounts being closed as well as “the great inflation of transfer fees savings products”.
In effect, the new law requires the free access of the automated transfer of direct debit transfers and direct debits (wages, electricity bills, mutual funds, etc), but the loans, whether mortgage or consumer credit, are not affected, nor the accounts and in savings books, such as life insurance, that are not transferable (with the exception of PEL and CEL). Consequences : “the banks are catching up on the transfer rates on savings products, non-capped”, is the UFC.
“In the light of the huge variation of tariffs (€43 to La Banque Postale of € 150 to the Popular Bank of the North for a PEL and 17.90 € at ING Direct to 135 € at Crédit Agricole Atlantique Vendée for a PEA), the logic of some banking institutions is clear : make the mobility of the bank less attractive to consumers,” concludes the association.
The return of the direct debit income
The UFC also denounces a risk of generalisation of the obligation of residence income in the course of underwriting a real estate loan, clause regularly deemed abusive by the courts. However, an order of June 1, last allows a bank to require the domiciliation of salary for 10 years in exchange for a preferential interest rate.
The association formally requests the government to “the prohibition of the obligation of residence revenues in the framework of the credit real estate” , as well as the free transfer of savings accounts regulated (CEL, PEL) and the cap transfer fees of the PEA.
Picking up one of his old fights, it also demands a true “system portability” bank, on the model of the mobile phone, however quite complex to implement.