The Central Bank of Slovenia has decided, following its annual analysis, to make no change to the cap on charges that banks may levy on consumers for a basic payment account. The monthly fee cap therefore remains EUR 4.90, or EUR 1.47 for consumers eligible for cash social assistance and the social security supplement. The cap applies to basic payment accounts, while charges for managing personal (current) accounts remain a matter for individual banks. In maintaining the cap, the central bank considered inflation, the average cost of a basket of payment services, and the role of the basic payment account in supporting financial inclusion and protecting vulnerable groups. Under the Payment Services, Electronic Money Issuance Services and Payment Systems Act (ZPlaSSIED), all banks and savings banks in Slovenia that offer payment accounts to consumers must grant access to a basic payment account for EU-legally resident consumers who do not hold a payment account, provided the consumer makes a specific request for a basic payment account. The latest legislative changes also require banks and savings banks to communicate more actively about the right to a basic payment account, provide written reasons for any refusal, and make information on the account’s features and conditions of use available to consumers.
Central Bank of Slovenia 2025-02-18
Central Bank of Slovenia leaves basic payment account fee cap unchanged at EUR 4.90 per month and EUR 1.47 for social assistance recipients
The Central Bank of Slovenia will maintain the cap on charges for basic payment accounts at EUR 4.90 per month, or EUR 1.47 for those eligible for social assistance. This decision considers inflation, average payment service costs, and the role of these accounts in financial inclusion. Banks must actively communicate the right to a basic payment account and provide written reasons for any refusal under the Payment Services, Electronic Money Issuance Services and Payment Systems Act.