Provision of the switching service
This
adran has no associated
Memorandwm Esboniadol
14.—(1) A payment service provider must offer a switching service between payment accounts that are—
(a)denominated in the same currency; and
(b)opened or held with a payment service provider located in the United Kingdom.
(2) A switching service must meet the requirements set out in Schedule 3, except where regulation 15 applies.