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Recital 5

Recital 5

(5)For the purposes of the reporting in accordance with Article 15(3) of Regulation (EU) No 260/2012, PSPs should provide their competent authorities with data on the total number of payment accounts and with the aggregated level of total charges for payment accounts. To enable the Commission to assess whether there is a link between potential changes in the charges for payment accounts and changes in the charges for credit transfers and instant credit transfers, the reporting should include breakdowns for maintenance fees.

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