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Article 9 Payment accessibility

United Kingdom

Original text. Later amendments are not shown.

1.

A payer making a credit transfer to a payee holding a payment account located within the F1qualifying area shall not specify the F2qualifying State in which that payment account is to be located, provided that the payment account is reachable in accordance with Article 3.

2.

A payee accepting a credit transfer or using a direct debit to collect funds from a payer holding a payment account located within the F3qualifying area shall not specify the F4qualifying State in which that payment account is to be located, provided that the payment account is reachable in accordance with Article 3.

Annotations

Textual amendments

F1

Words in Art. 9(1) substituted (31.12.2020) by The Credit Transfers and Direct Debits in Euro (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1199), regs. 1(2), 11(a) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)

F2

Word in Art. 9(1) substituted (31.12.2020) by The Credit Transfers and Direct Debits in Euro (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1199), regs. 1(2), 11(b) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)

F3

Words in Art. 9(2) substituted (31.12.2020) by The Credit Transfers and Direct Debits in Euro (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1199), regs. 1(2), 11(a) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)

F4

Word in Art. 9(2) substituted (31.12.2020) by The Credit Transfers and Direct Debits in Euro (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1199), regs. 1(2), 11(b) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)