branch
Definitions over time (1)
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12/01/2016 – 08/04/2024 Article 4, Payment Services Directive (PSD2) Scope: Whole act
For the purposes of this Directive, the following definitions apply:
‘branch’ means a place of business other than the head office which is a part of a payment institution, which has no legal personality and which carries out directly some or all of the transactions inherent in the business of a payment institution; all of the places of business set up in the same Member State by a payment institution with a head office in another Member State shall be regarded as a single branch;
Other definitions of this term in this act (1)
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Used in (0 places in 0 provisions on 12/11/2026)
No text uses this concept on 12/11/2026.