1. 1. With effect from 1 JanuaryFebruary 2010,2016, Member States shall remove settlement-based national reporting obligations on payment service providers for balance of payments statistics relatedrelating to payment transactions of their customers up to EUR 50 000.customers.
2. 2. Without prejudice to paragraph 1, Member States may continue to collect aggregated data or other relevant readily available information, provided that such collection has no impact on the straight through processing of the payments and can be fully automated by payment service providers.