payer

Definitions over time (1)

31/01/2014 – today applies on 13/11/2026 Article 2, Regulation (EU) No 260/2012 Scope: Whole act

For the purposes of this Regulation, the following definitions 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 payer’s payment account, a natural or legal person who makes a payment order to a payee’s payment account;

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