Rome, 26 December 2020 – From January stop the accounts in ‘red’, is the alarm that sounds the Unimpresa Study Center on the consequences of the entry into force of the new rules dictated by the EBA, the European banking authority. “Automatic debits will no longer be allowed, in fact, if customers do not have sufficient cash on their bank deposits. There is therefore a risk of a sudden stop on utility payments, salaries, social security contributions, loan installments “, explains Unimpresa in a document being published, which also highlights the same rules that require, after three months of non-payment of only 100 euros, the bank to report the customer to the central risks and to classify all its exposure as ‘bad credit’.
Except Politino, the vice president of Unimpresa explains: “The new regulatory framework, which has not been sufficiently explained by the banks, is worrying. Even small overruns will no longer be possible and this means, for many artisans, traders, small entrepreneurs and also for many families, not be able to use those anymore small forms of flexibility that, especially in this critical phase due to the economic effects of the Covid pandemic, are essential to meet utility payments or other obligations, such as salaries and social security contributions, loan and mortgage installments “.
According to Politino “there is the risk of one very strong credit crunch, unavoidable consequence of the reports to the risk center and the reclassification of customer credit lines in the event of small arrears “. With the risk of being immediately ‘defaulted’ against various subjects, from financial institutions to INPS, from employees to so-called utility companies (energy , gas, water, telephone).
