Introduction section Basic Account

Basic Account

A Convention between Ministry of the Economy and Finances, Bank of Italy, Italian Banking Association (ABI), Poste Italiane, and payment service providers defining the features of “Conto di base” has been agreed on march 28 2012. Within the framework of financial inclusion and Government fight against money laundering, “Conto di base” (Basic account) is an instrument with limited operativity at affordable or no costs, for the access to the services defined in the Convention. In order to collect, monitor and process data related to "Conto di base", a permanent Observatory has been established with the additional aim of clarifying possible doubts of interpretation.

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