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Home Financial Services & Banking PSD2

Article 56

Information before execution of individual payment transactions

In the case of an individual payment transaction under a framework contract initiated by the payer, a payment service provider shall, at the payer’s request for this specific payment transaction, provide explicit information on all of the following:

(a)

the maximum execution time;

(b)

the charges payable by the payer;

(c)

where applicable, a breakdown of the amounts of any charges.

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