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Directive 2007/64/EC of the European Parliament and of the Council of 13 November 2007 on payment services in the internal market amending Directives 97/7/EC, 2002/65/EC, 2005/60/EC and 2006/48/EC and repealing Directive 97/5/EC (Text with EEA relevance) (repealed)

EU Directive 2007/64 · Adopted 13 November 2007 · Extends to United Kingdom

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Directive 2007/64/EC of the European Parliament and of the Council

of 13 November 2007

on payment services in the internal market amending Directives 97/7/EC, 2002/65/EC, 2005/60/EC and 2006/48/EC and repealing Directive 97/5/EC

(Text with EEA relevance) (repealed)

F1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Annotations to the whole text

Textual amendments

F1

Repealed by Directive (EU) 2015/2366 of the European Parliament and of the Council of 25 November 2015 on payment services in the internal market, amending Directives 2002/65/EC, 2009/110/EC and 2013/36/EU and Regulation (EU) No 1093/2010, and repealing Directive 2007/64/EC (Text with EEA relevance).

Contents

  1. Title I: SUBJECT MATTER, SCOPE AND DEFINITIONS
  2. 1Subject matter Repealed
  3. 2Scope Repealed
  4. 3Negative scope Repealed
  5. 4Definitions Repealed
  6. Title II: PAYMENT SERVICE PROVIDERS
  7. Chapter 1: Payment institutions Repealed
  8. General rules Repealed
  9. 5Applications for authorisation Repealed
  10. 6Initial capital Repealed
  11. 7Own funds Repealed
  12. 8Calculation of own funds Repealed
  13. 9Safeguarding requirements Repealed
  14. 10Granting of authorisation Repealed
  15. 11Communication of the decision Repealed
  16. 12Withdrawal of authorisation Repealed
  17. 13Registration Repealed
  18. 14Maintenance of authorisation Repealed
  19. 15Accounting and statutory audit Repealed
  20. 16Activities Repealed
  21. Other requirements Repealed
  22. 17Use of agents, branches or entities to which activities are outsourced Repealed
  23. 18Liability Repealed
  24. 19Record-keeping Repealed
  25. Competent authorities and supervision Repealed
  26. 20Designation of competent authorities Repealed
  27. 21Supervision Repealed
  28. 22Professional secrecy Repealed
  29. 23Right to apply to the courts Repealed
  30. 24Exchange of information Repealed
  31. 25Exercise of the right of establishment and freedom to provide services Repealed
  32. Waiver Repealed
  33. 26Conditions Repealed
  34. 27Notification and information Repealed
  35. Chapter 2: Common provisions Repealed
  36. 28Access to payment systems Repealed
  37. 29Prohibition for persons other than payment service providers to provide payment services Repealed
  38. Title III: TRANSPARENCY OF CONDITIONS AND INFORMATION REQUIREMENTS FOR PAYMENT SERVICES
  39. Chapter 1: General rules Repealed
  40. 30Scope Repealed
  41. 31Other provisions in Community legislation Repealed
  42. 32Charges for information Repealed
  43. 33Burden of proof on information requirements Repealed
  44. 34Derogation from information requirements for low-value payment instruments and electronic money Repealed
  45. Chapter 2: Single payment transactions Repealed
  46. 35Scope Repealed
  47. 36Prior general information Repealed
  48. 37Information and conditions Repealed
  49. 38Information for the payer after receipt of the payment order Repealed
  50. 39Information for the payee after execution Repealed
  51. Chapter 3: Framework contracts Repealed
  52. 40Scope Repealed
  53. 41Prior general information Repealed
  54. 42Information and conditions Repealed
  55. 43Accessibility of information and conditions of the framework contract Repealed
  56. 44Changes in conditions of the framework contract Repealed
  57. 45Termination Repealed
  58. 46Information before execution of individual payment transactions Repealed
  59. 47Information for the payer on individual payment transactions Repealed
  60. 48Information for the payee on individual payment transactions Repealed
  61. Chapter 4: Common provisions Repealed
  62. 49Currency and currency conversion Repealed
  63. 50Information on additional charges or reductions Repealed
  64. Title IV: RIGHTS AND OBLIGATIONS IN RELATION TO THE PROVISION AND USE OF PAYMENT SERVICES
  65. Chapter 1: Common provisions Repealed
  66. 51Scope Repealed
  67. 52Charges applicable Repealed
  68. 53Derogation for low value payment instruments and electronic money Repealed
  69. Chapter 2: Authorisation of payment transactions Repealed
  70. 54Consent and withdrawal of consent Repealed
  71. 55Limits of the use of the payment instrument Repealed
  72. 56Obligations of the payment service user in relation to payment instruments Repealed
  73. 57Obligations of the payment service provider in relation to payment instruments Repealed
  74. 58Notification of unauthorised or incorrectly executed payment transactions Repealed
  75. 59Evidence on authentication and execution of payment transactions Repealed
  76. 60Payment service provider's liability for unauthorised payment transactions Repealed
  77. 61Payer's liability for unauthorised payment transactions Repealed
  78. 62Refunds for payment transactions initiated by or through a payee Repealed
  79. 63Requests for refunds for payment transactions initiated by or through a payee Repealed
  80. Chapter 3: Execution of payment transactions Repealed
  81. Payment orders and amounts transferred Repealed
  82. 64Receipt of payment orders Repealed
  83. 65Refusal of payment orders Repealed
  84. 66Irrevocability of a payment order Repealed
  85. 67Amounts transferred and amounts received Repealed
  86. Execution time and value date Repealed
  87. 68Scope Repealed
  88. 69Payment transactions to a payment account Repealed
  89. 70Absence of payee's payment account with the payment service provider Repealed
  90. 71Cash placed on a payment account Repealed
  91. 72National payment transactions Repealed
  92. 73Value date and availability of funds Repealed
  93. Liability Repealed
  94. 74Incorrect unique identifiers Repealed
  95. 75Non-execution or defective execution Repealed
  96. 76Additional financial compensation Repealed
  97. 77Right of recourse Repealed
  98. 78No liability Repealed
  99. Chapter 4: Data protection Repealed
  100. 79Data protection Repealed
  101. Chapter 5: Out-of-court complaint and redress procedures for the settlement of disputes Repealed
  102. Complaint procedures Repealed
  103. 80Complaints Repealed
  104. 81Penalties Repealed
  105. 82Competent authorities Repealed
  106. Out-of-court redress procedures Repealed
  107. 83Out-of-court redress Repealed
  108. Title V: IMPLEMENTING MEASURES AND PAYMENTS COMMITTEE
  109. 84Implementing measures Repealed
  110. 85Committee Repealed
  111. Title VI: FINAL PROVISIONS
  112. 86Full harmonisation Repealed
  113. 87Review Repealed
  114. 88Transitional provision Repealed
  115. 89Amendment of Directive 97/7/EC Repealed
  116. 90Amendments of Directive 2002/65/EC Repealed
  117. 91Amendments of Directive 2005/60/EC Repealed
  118. 92Amendments of Directive 2006/48/EC Repealed
  119. 93Repeal Repealed
  120. 94Transposition Repealed
  121. 95Entry into force Repealed
  122. 96Addressees Repealed
  123. Annex: PAYMENT SERVICES (DEFINITION 3 IN ARTICLE 4) Repealed
  124. 1Division 1 Repealed
  125. 2Division 2 Repealed
  126. 3Execution of payment transactions, including transfers of funds on a payment account with the user's payment service provider or with another payment service provider: Repealed
  127. 4Execution of payment transactions where the funds are covered by a credit line for a payment service user: Repealed
  128. 5Division 5 Repealed
  129. 6Division 6 Repealed
  130. 7Division 7 Repealed