{
  "url": "https://openlegislation.uk/eu-regulation-2009-924/article-2",
  "json_url": "https://openlegislation.uk/eu-regulation-2009-924/article-2.json",
  "legislation": "eur/2009/924",
  "legislation_title": "Regulation (EC) No 924/2009 of the European Parliament and of the Council of 16 September 2009 on cross-border payments in the Community and repealing Regulation (EC) No 2560/2001 (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2009-924",
  "path": "article/2",
  "kind": "article",
  "number": "2",
  "heading": "Definitions",
  "text": "For the purposes of this Regulation, the following definitions shall apply:\n1..‘cross-border payment’ means an electronically processed payment transaction initiated by a payer or by or through a payee where—\n(a)the payer’s payment service provider is located in the United Kingdom and the payee’s payment service provider is located in the EEA; or\n(b)the payee’s payment service provider is located in the United Kingdom and the payer’s payment service provider is located in the EEA,\nand for the purposes of this definition, “payment service provider” has the same meaning as in regulation 40(1A)(a) of the Payment Services Regulations 2017;\n2..‘national payment’ means an electronically processed payment transaction initiated by a payer, or by or through a payee, where the payer’s payment service provider and the payee’s payment service provider are located in the United Kingdom;\n3..‘payer’ means a natural or legal person who holds a payment account and allows a payment order from that payment account, or, where there is no payment account, a natural or legal person who gives a payment order;\n4..‘payee’ means a natural or legal person who is the intended recipient of funds which have been the subject of a payment transaction;\n5..‘payment service provider’ has the same meaning as in regulation 2(1) of the Payment Services Regulations 2017;\n6..‘payment service user’ means a natural or legal person making use of a payment service in the capacity of either payer or payee, or both;\n7..‘payment transaction’ means an act, initiated by a payer or by or through a payee, of placing, transferring or withdrawing funds, irrespective of any underlying obligations between the payer and the payee;\n8..‘payment order’ means an instruction by a payer or payee to his payment service provider requesting the execution of a payment transaction;\n9..‘charge’ means any amount levied on a payment service user by a payment service provider that is directly or indirectly linked to a payment transaction, any amount levied on a payment service user by a payment service provider or a party providing currency conversion services in accordance with regulation 57(2) of the Payment Services Regulations 2017 for a currency conversion service, or a combination thereof;\n10..‘funds’ has the same meaning as in regulation 2(1) of the Payment Services Regulations 2017.\n11... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n12... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n13... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n14... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n15... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Art. 2(1) substituted (31.12.2020) by The Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020 (S.I. 2020/1385), regs. 1(3), 72(3)(a)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in Art. 2(2) substituted (31.12.2020) by The Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020 (S.I. 2020/1385), regs. 1(3), 72(3)(b)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Art. 2(5) substituted (31.12.2020) by The Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020 (S.I. 2020/1385), regs. 1(3), 72(3)(c)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Substituted by Regulation (EU) 2019/518 of the European Parliament and of the Council of 19 March 2019 amending Regulation (EC) No 924/2009 as regards certain charges on cross-border payments in the Union and currency conversion charges (Text with EEA relevance)."
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Words in Art. 2(9) substituted (31.12.2020) by The Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020 (S.I. 2020/1385), regs. 1(3), 72(3)(d)"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Art. 2(10) substituted (31.12.2020) by The Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020 (S.I. 2020/1385), regs. 1(3), 72(3)(e)"
    },
    {
      "type": "F",
      "label": "F7",
      "text": "Art. 2(11)-(15) omitted (31.12.2020) by virtue of The Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020 (S.I. 2020/1385), regs. 1(3), 72(3)(f)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2009/924/article/2",
    "retrieved_at": "2026-11-01T14:51:14.564909+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}