(7)To achieve comparability, currency conversion charges for all card-based payments should be expressed in the same way, namely as percentage mark-ups over the latest available euro foreign exchange reference rates issued by the European Central Bank (ECB). A mark-up might have to be based on a rate derived from two ECB rates in the case of a conversion between two non-euro currencies.
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New version applies from 19/08/2021 — introduced by Regulation (EU) 2021/1230.
16 provisions change.
Recital 7 is deleted from 19/08/2021.