Communication from the Commission pursuant to Articles 14(1) and 3(3) of Regulation (EC) No 924/2009 of the European Parliament and of the Council on cross-border payments in the Community and repealing Regulation (EC) No 2560/2001 (1)

2011/C 209/12

On 16 September 2009, the Council and the European Parliament adopted Regulation (EC) No 924/2009 on cross-border payments in the Community.

Article 14(1) of this Regulation stipulates that a Member State that does not have euro as its currency may decide to extend the application of this Regulation to its national currency. In addition, Article 3(3) of the Regulation specifies that a Member State which has notified the extension of the application to its currency may also decide that a national payment denominated in the currency of that Member State is to be considered a corresponding payment to a cross-border payment denominated in euro.

On 26 May 2011, the Commission received a notification that the Romanian Government had decided to extend the Regulation’s application to payments in the Romanian lei. The extension of the Regulation to Romanian lei, pursuant to Article 14(1), shall take effect 14 days after publication in the Official Journal of the European Union. From that day onwards cross-border payments in Romanian lei shall be charged the same as national payments in lei.

The Romanian authorities have also decided that as of 1 January 2012, a national payment denominated in Romanian lei shall become a corresponding payment to a cross-border payment denominated in lei and in euro. From that day onwards cross-border payments in Romanian lei and in euro shall be charged the same as national payments in lei.

(1)  OJ L 266, 9.10.2009, p. 11.