Directive 2007/64/EC of the European Parliament and of the Council of 13 November 2007 on payment services in the internal market amending Directives 97/7/EC, 2002/65/EC, 2005/60/EC and 2006/48/EC and repealing Directive 97/5/EC (Text with EEA relevance) (repealed) (c. 64)

TITLE III TRANSPARENCY OF CONDITIONS AND INFORMATION REQUIREMENTS FOR PAYMENT SERVICES

CHAPTER 2 Single payment transactions

Article 37 Information and conditions

1. Member States shall ensure that the following information and conditions are provided or made available to the payment service user:

(a) a specification of the information or unique identifier that has to be provided by the payment service user in order for a payment order to be properly executed;

(b) the maximum execution time for the payment service to be provided;

(c) all charges payable by the payment service user to his payment service provider and, where applicable, the breakdown of the amounts of any charges;

(d) where applicable, the actual or reference exchange rate to be applied to the payment transaction.

2. Where applicable, any other relevant information and conditions specified in Article 42 shall be made available to the payment service user in an easily accessible manner.