direct debit scheme
Defined in Article 2, Regulation (EU) 2021/1230
Definitions over time (1)
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For the purposes of this Regulation, the following definitions apply:
‘direct debit scheme’ means a common set of rules, practices and standards agreed between payment service providers for the execution of direct debit transactions.
Earlier definition records in this act (1)
Open an entry to see its definitions, dates and uses. Separate scopes and histories are kept intact.
- Article 2(15) Historical · definitions end 08/04/2024