value of payments processed
Defined in Article 1, Decision (EU) 2017/2097 of the ECB
Definitions over time (1)
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06/12/2017 – today applies on 11/11/2026 Article 1, Decision (EU) 2017/2097 of the ECB Scope: Whole act
‘value of payments processed’ means the total daily average value of euro-denominated payments processed by the SIPS concerned during the business year preceding that in which the infringement occurred.