ABSTRACT
The basic premise of free movement of capital and payments is that money can be transferred without restriction from one Member State to another in the EU. The money so transferred may be used for several purposes: to pay for goods or services, or to invest in some commercial or other activity that requires fi nance to be sustained. Article 26(2) TFEU makes clear the link between all four free movement principles: ‘The internal market shall comprise an area without internal frontiers in which the free movement of goods, persons, services and capital is ensured in accordance with the provisions of the Treaties’.
