(1) The payment service user may terminate the framework contract on payment services, even if this has been concluded for a specific period of time, at any time without observing a period of notice unless a period of notice was agreed. The agreement of a notice period of more than one month is ineffective.
(2) The payment service provider may terminate the framework contract on payment services only if the contract was concluded for an indefinite period and the right of termination was agreed. The period of notice may not be less than two months. Termination is to be declared in the form provided for in Article 248 sections 2 and 3 of the Introductory Act to the Civil Code (Einführungsgesetz zum Bürgerlichen Gesetzbuche).
(3) In the event of termination, regularly-levied charges are payable only on a pro rata basis until the time of termination of the agreement. Charges paid in advance that accrue in respect of the time after termination of the agreement are to be refunded on a pro rata basis.
(4) The payment service provider may not agree with the payment service user that a charge is to be paid for termination of the framework contract on payment services.