
Diederik Bruggink
Head of Innovation and Payments
European Savings and Retail Banking Group
Biography
Diederik is Head of Innovation and Payments at ESBG. Amongst other positions he has, he is also chair of the Cash Efficiency Working Group of the European Payments Council (EPC) and he was co-chair of the Euro Retail Payments Board (ERPB) working group on access to and acceptance of cash.
About the company
ESBG represents the locally focused European banking sector, helping savings and retail banks in 18 European countries strengthen their unique approach that focuses on providing service to local communities and boosting SMEs. The 885 member banks have total assets of €5.7 trillion, and serve 162 million Europeans seeking retail banking services.
Presentation
Developments in the European Cash cycle - an overview
In Q2 2023, an EU legislative proposal on Legal Tender for cash is expected. Apart from codifying existing jurisprudence related to acceptance of cash, the proposal will likely also contain some wording access to cash. Those two topics, acces to and acceptance of cash, were also addressed by a working group of the Euro Retail Payments Board (ERPB) that Mr Bruggink co-chaired. He will shed some light on these developments.