Article 46 — Information for the payer and payee after the initiation of a payment order

Financial servicesLevel 1DirectivePSD2Stage: AdoptedVerifiedOfficial source

In addition to the information and conditions specified in Article 45, where a payment order is initiated through a payment initiation service provider, the payment initiation service provider shall, immediately after initiation, provide or make available all of the following data to the payer and, where applicable, the payee:

46(a)

(a)confirmation of the successful initiation of the payment order with the payer’s account servicing payment service provider;

Copy link

46(b)

(b)a reference enabling the payer and the payee to identify the payment transaction and, where appropriate, the payee to identify the payer, and any information transferred with the payment transaction;

Copy link

46(c)

(c)the amount of the payment transaction;

Copy link

46(d)

(d)where applicable, the amount of any charges payable to the payment initiation service provider for the transaction, and where applicable a breakdown of the amounts of such charges.

Copy link