payment transaction

Defined in Article 2, Regulation (EC) No 924/2009

Uses as of 09/06/2012

Definitions over time (1)

1. 31/03/2012 – 19/08/2021 applies on 09/06/2012 Article 2, Regulation (EC) No 924/2009 Scope: Whole act

   For the purposes of this Regulation, the following definitions shall apply:

   ‘payment transaction’ means an act, initiated by a payer or by or through a payee, of placing, transferring or withdrawing funds, irrespective of any underlying obligations between the payer and the payee;

Used in (15 places in 8 provisions on 09/06/2012)

Regulation (EC) No 924/2009 (15 in 8)

Recital 2 · Recital 5 · Recital 6² · Recital 7 · Recital 10 · Article 2⁷ · Article 4 · Article 5