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---
title: "Article 19 — Amendments to Directive 2005/60/EC"
type: regulation
legal_status: in_force
source: "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02009L0110-20180113"
source_retrieved: 2026-10-06
shortTitle: "Article 19 — Amendments to Directive 2005/60/EC"
instrument_type: level1_directive
authority: Commission
binding: true
binding_character: binding
mica_level2: false
legal_basis: "Directive 2009/110/EC"
instrument: emd
celex: "32009L0110"
regulation: EMD
regulation-full: "Directive 2009/110/EC"
article: 19
status: in_force
object_id: eu.emd.legal_text.article.19
text_version: "Consolidated version of 13 January 2018"
source_url: "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02009L0110-20180113"
check_status: matched
verified: true
last_checked: 2026-11-09
---

*In force · Consolidated version of 13 January 2018 · Verified 9 Nov 2026 · [Official source](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02009L0110-20180113)*

Directive 2005/60/EC is hereby amended as follows:

<a id="p-1"></a>**1.** in Article 3(2), point (a) is replaced by the following:

**‘(a)** an undertaking, other than a credit institution, which carries out one or more of the operations included in points 2 to 12 and points 14 and 15 of Annex I to Directive 2006/48/EC, including the activities of currency exchange offices (bureaux de change);’

<a id="p-2"></a>**2.** in Article 11(5), point (d) is replaced by the following:

**‘(d)** electronic money, as defined in point 2 of Article 2 of Directive 2009/110/EC of the European Parliament and of the Council of 16 September 2009 on the taking up, pursuit and prudential supervision of the business of electronic money institutions where, if it is not possible to recharge, the maximum amount stored electronically in the device is no more than EUR 250, or where, if it is possible to recharge, a limit of EUR 2 500 is imposed on the total amount transacted in a calendar year, except when an amount of EUR 1 000 or more is redeemed in that same calendar year upon the electronic money holder’s request in accordance with Article 11 of Directive 2009/110/EC. As regards national payment transactions, Member States or their competent authorities may increase the amount of EUR 250 referred to in this point to a ceiling of EUR 500.

***

[Title IV — Final provisions and implementing measures](../titles/iv.md) · [← Article 18](18.md) · [Article 20 →](20.md)
