All Banks Must Face Up To Euro Cash Hangover, Says Misys


LONDON -- Banks both inside and outside the eurozone urgently need to address the fact that bank accounts must be re-denominated from ‘legacy’ currencies into euros by December 31, 2002, according to UK-based banking software firm Misys.

Misys said in August that its own survey of banks found many were not ready for the changeover in January next year to euro notes and coins in the 12 European Union countries that have adopted the euro as a single currency.

Extensive staff training is needed,

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: