large-value payment system
Defined in Article 2, Regulation (EU) No 260/2012
Definitions over time (1)
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For the purposes of this Regulation, the following definitions apply:
‘large-value payment system’ means a payment system the main purpose of which is to process, clear or settle single payment transactions of high priority and urgency, and primarily of large amount;
Earlier definition records in this act (1)
Open an entry to see its definitions, dates and uses. Separate scopes and histories are kept intact.
- Article 2(18) Historical · definitions end 31/01/2014