unique transaction identifier
Definitions over time (1)
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25/06/2015 – 01/01/2020 Article 3, Funds Transfer Regulation Scope: Whole act
For the purposes of this Regulation, the following definitions apply:
‘unique transaction identifier’ means a combination of letters, numbers or symbols determined by the payment service provider, in accordance with the protocols of the payment and settlement systems or messaging systems used for the transfer of funds, which permits the traceability of the transaction back to the payer and the payee;
Other definitions of this term in this act (1)
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