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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.

Official text · consolidated version 08/04/2024 (no longer in force) Open full page ↗
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