reference interest rate

Defined in Article 4, Payment Services Directive (PSD2)

Definitions over time (2)

1. 08/04/2024 – today applies on 12/11/2026 Article 4, Payment Services Directive (PSD2) Scope: Whole act

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

   ‘reference interest rate’ means the interest rate which is used as the basis for calculating any interest to be applied and which comes from a publicly available source which can be verified by both parties to a payment service contract;

2. 23/12/2015 – 12/01/2016 Article 4, Payment Services Directive (PSD2) Scope: Whole act

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

   ‘reference interest rate’ means the interest rate which is used as the basis for calculating any interest to be applied and which comes from a publicly available source which can be verified by both parties to a payment service contract;

Used in (1 place in 1 provisions on 12/11/2026)

Payment Services Directive (PSD2) (1 in 1)

Article 4