payment system
Definitions over time (1)
-
12/08/2014 – 06/12/2017 Article 2, Regulation (EU) No 795/2014 of the ECB Scope: Whole act
‘payment system’ means a formal arrangement between three or more participants, not counting possible settlement banks, central counterparties, clearing houses or indirect participants, with common rules and standardised arrangements for the execution of transfer orders between the participants;
Other definitions of this term in this act (1)
Each has its own scope, dates and uses. Open one to see when it applies.
Used in (0 places in 0 provisions on 12/11/2026)
No text uses this concept on 12/11/2026.