direct debit

Definitions over time (1)

1. 29/10/2009 – 31/03/2012 Article 2, Regulation (EC) No 924/2009 Scope: Whole act

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

   ‘direct debit’ means a payment service for debiting a payer’s payment account, where a payment transaction is initiated by the payee on the basis of the payer’s consent given to the payee, to the payee’s payment service provider or to the payer’s own payment service provider;

Used in (0 places in 0 provisions on 10/11/2026)

No text uses this concept on 10/11/2026.