payer

Uses as of 28/04/2017

Definitions over time (1)

08/06/2015 – today applies on 28/04/2017 Article 2, Regulation (EU) 2015/751 Scope: Whole act

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

‘payer’ means a natural or legal person who holds a payment account and allows a payment order from that payment account, or, where there is no payment account, a natural or legal person who gives a payment order;