EU regulatory register · PSD2
Article 45Information and conditions
CELEX 32015L2366 · Read on 2026-08-18
Official text
Read from the EU Publications Office for this CELEX number. The wording stands as published; nothing here is rewritten or summarised.
1. Member States shall ensure that the following information and conditions are provided or made available by the payment service provider to the payment service user:
(a)
a specification of the information or unique identifier to be provided by the payment service user in order for a payment order to be properly initiated or executed;
(b)
the maximum execution time for the payment service to be provided;
(c)
all charges payable by the payment service user to the payment service provider and, where applicable, a breakdown of those charges;
(d)
where applicable, the actual or reference exchange rate to be applied to the payment transaction.
2. In addition, Member States shall ensure that payment initiation service providers shall, prior to initiation, provide the payer with, or make available to the payer, the following clear and comprehensive information:
(a)
the name of the payment initiation service provider, the geographical address of its head office and, where applicable, the geographical address of its agent or branch established in the Member State where the payment service is offered, and any other contact details, including electronic mail address, relevant for communication with the payment initiation service provider; and
(b)
the contact details of the competent authority.
The article continues in the official text.
Judgments of the Court of Justice
1 decisions
- C-778/18Court of Justice of the European Union
Association française des usagers de banques v Ministre de l'Économie et des Finances
Reference for a preliminary ruling – Consumer protection – Payment services in the internal market – Directive 2007/64/EC – Article 45 – Directive (EU) 2015/2366 – Article 55 – Termination of a framework contract – Directive 2014/17/EU – Credit agreements for consumers relating to residential immovable property – Article 12(1), (2)(a) and (3) – Tying practices – Bundling practices – Directive 2014/92/EU – Payment accounts – Articles 9 to 14 – Account switching – Obligation to deposit income on a payment account held with the lender during a period fixed by the credit agreement as consideration for an individual advantage – Duration of the obligation – Loss of the individual advantage in the event of early termination of the account.
The text is quoted from the official source and is not legal advice. A national court reads the language version that binds in its jurisdiction.
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