the National Assembly unanimously votes to end bank fees for small estates

The deputies unanimously adopted Thursday at first reading a socialist bill to eliminate certain bank inheritance fees, particularly when the deceased person was a minor or the sums concerned are less than 5,000 euros.

These costs arise during painful circumstances at the time of death and are not paid by the account holder, obviously, but by his successors who have no other choice to pay the requested price, underlined the PS deputy Christine Pires Beaune, author of the text voted on by all the groups, and who will now have to go to the Senate.

For the government, Olivia Grégoire, the delegated minister for Business, Tourism and Consumption, supported a proposal full of common sense but also humanity. In such types of cases the National Assembly must obviously be united, said Renaissance deputy Mathieu Lefvre.

The text proposes to eliminate inheritance bank fees for heirs in cases where the deceased person was a minor, or the sums involved are less than 5,000 euros. A threshold which makes it possible to include between 30 to 40% of households, according to Olivia Grgoire.

possible capping of costs by decree

Beyond 5,000 euros, inheritance bank fees could also be waived in cases where the operations are simple and do not involve any particular approach from the banks, in the words of Ms. Pires Beaune. These cases will have to be specified later in a decree, which could also provide for a capping of costs.

The LFI president of the finance committee Eric Coquerel called on him for this text to serve as a foot in the door with a view to a much more restrictive law to comprehensively regulate banking fees, or even eliminate them.

Legacy: 3 questions about these bank charges which will soon disappear

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