That might increase the desire to switch funds in certain situations. In that case, the exchange rate would tend to fluctuate more. At times, one also encounters the argument that the euro area -- as a large economic and currency area -- will be relatively less dependent on foreign trade, particularly as the structure of exports is heavily diversified.
–  The financial institution must carry out a due diligence on the mobile money operator and must obtain proof of financial position, review the operator’s business plan, risk management proposal, technology system and Anti Money Laundering (AML)/ Countering the Financing of Terrorism (CFT) measures. –  There must be an agreement between the financial institution and the mobile money operator.