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Article 5b - Charges in respect of credit transfers and verification of the payee

Article 5b
Charges in respect of credit transfers and verification of the payee

1.Any charges levied by a PSP on payers and payees in respect of sending and receiving instant credit transfers shall not be higher than the charges levied by that PSP in respect of sending and receiving other credit transfers of corresponding type.

2.The services referred to in Article 5c shall be provided to all PSUs free of charge.

3.PSPs located in a Member State whose currency is the euro shall comply with this Article by 9 January 2025.

PSPs located in a Member State whose currency is not the euro shall comply with this Article by 9 January 2027.

Official text · consolidated version 08/04/2024 (in force) Open full page ↗
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