Preamble
Recitals 23
Section I - SCOPE AND DEFINITIONS (Article 1-2) 2
Section II - NETTING AND TRANSFER ORDERS (Article 3-5) 3
Section III - PROVISIONS CONCERNING INSOLVENCY PROCEEDINGS (Article 6-8) 3
Section IV - INSULATION OF THE RIGHTS OF HOLDERS OF COLLATERAL SECURITY FROM THE EFFECTS OF THE INSOLVENCY OF THE PROVIDER (Article 9) 1
Section V - FINAL PROVISIONS (Article 10-14) 7
Amending acts 6

transfer order

Definitions over time (1)

30/06/2009 – today applies on 12/11/2026 Article 2, Directive 98/26/EC Scope: Whole act

‘transfer order’ shall mean: any instruction by a participant to place at the disposal of a recipient an amount of money by means of a book entry on the accounts of a credit institution, a central bank, a central counterparty or a settlement agent, or any instruction which results in the assumption or discharge of a payment obligation as defined by the rules of the system, or an instruction by a participant to transfer the title to, or interest in, a security or securities by means of a book entry on a register, or otherwise;