payment transaction

Defined in Article 2, Regulation (EU) 2021/1230

Definitions over time (1)

1. 08/04/2024 – today applies on 11/11/2026 Article 2, Regulation (EU) 2021/1230 Scope: Whole act

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

   ‘payment transaction’ means an act, initiated by a payer or by or through a payee, consisting of placing, transferring or withdrawing funds, irrespective of any underlying obligations between the payer and the payee;

Used in (22 places in 10 provisions on 11/11/2026)

Regulation (EU) 2021/1230 (22 in 10)

Recital 4² · Recital 5 · Recital 8 · Recital 11 · Article 2⁷ · Article 4⁴ · Article 5² · Article 6 · Article 7 · Article 14²