Updated 17/10/2024
In force

Version from: 08/04/2024
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Article 56 - Information before execution of individual payment transactions

Article 56

Information before execution of individual payment transactions

In the case of an individual payment transaction under a framework contract initiated by the payer, a payment service provider shall, at the payer’s request for this specific payment transaction, provide explicit information on all of the following:

(a) 

the maximum execution time;

(b) 

the charges payable by the payer;

(c) 

where applicable, a breakdown of the amounts of any charges.