cross-border payment

Definitions over time (1)

08/04/2024 – today applies on 12/11/2026 Article 2, Regulation (EU) 2021/1230 Scope: Whole act

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

‘cross-border payment’ means an electronically processed payment transaction initiated by a payer, or by or through a payee, where the payer’s payment service provider and the payee’s payment service provider are located in different Member States;

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