New Cap on Inheritance Banking Fees Set at €850
A new regulation caps inheritance banking transaction fees at €850 starting August 2025.
Key Points
- • Regulation caps fees at €850 for banking transactions on inheritances.
- • Effective from August 14, 2025, increasing transparency for heirs.
- • Addresses high banking charges previously unregulated, aiming to protect consumers.
- • Consumer groups endorse this change as a significant reform.
Starting August 14, 2025, a new regulation caps banking transaction fees related to inheritance processes at €850. This change aims to increase transparency and reduce financial burdens for heirs navigating the complexities of estate settlements. The regulation addresses longstanding concerns over the often exorbitant fees charged by banks during the inheritance process, which previously were not subject to any limits.
The French government has implemented this cap to ensure that all consumers experience fairer and more predictable costs associated with receiving an inheritance. The regulation responds to the increasing scrutiny of banking fees across various services.
Heirs are now expected to benefit from significantly lower costs, which can make a substantial difference in the acceptance of inherited assets, especially for those facing financial strains. Consumer advocacy groups have welcomed this move, viewing it as a long-overdue reform designed to protect citizens during one of life's most challenging transitions.