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Paragraph 4 Presentational format

The fee information document must—

(a)

be a short and stand-alone document;

(b)

be presented and laid out in a way that is clear and easy to read using characters of a readable size;

(c)

be no less comprehensible in the event that, having been originally produced in colour, it is printed or photocopied in black and white;

(d)

be written in English or, if agreed by the consumer and payment service provider, in another language;

(e)

be accurate, not misleading, and expressed in the currency of the payment account or, if agreed by the consumer and the payment service provider, in another currency F1...;

(f)

contain the title “fee information document” at the top of the first page next to the common symbol referred to in paragraph 1 to distinguish the fee information document from other documentation;

(g)

include a statement that it contains fees for the most representative services related to the payment account and that complete pre-contractual and contractual information on all the services is provided in other documents.

Annotations

Textual amendments

F1

Words in Sch. 1 para. 4(e) omitted (31.12.2020) by virtue of The Payment Accounts (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/661), regs. 1(3), 14(b) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)

Notes on the whole SI

Textual amendments

F1

Regulations revoked (14.12.2023 for the revocation of reg. 44) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/1382, reg. 2(c)(xiv)