mandate

Definitions over time (1)

31/01/2014 – today applies on 12/11/2026 Article 2, Regulation (EU) No 260/2012 Scope: Whole act

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

‘mandate’ means the expression of consent and authorisation given by the payer to the payee and (directly or indirectly via the payee) to the payer’s PSP to allow the payee to initiate a collection for debiting the payer’s specified payment account and to allow the payer’s PSP to comply with such instructions;

Open an entry to see its definitions, dates and uses. Separate scopes and histories are kept intact.