SCHEDULE 2Content and presentational format of the statement of fees
Compliance with implementing technical standardsF11
The statement of fees must comply with the requirements of—
a
Commission Implementing Regulation (EU) 2018/33 of 28 September 2017 laying down implementing technical standards with regard to the standardised presentation format of the statement of fees and its common symbol according to Directive 2014/92/EU of the European Parliament and of the Council, as amended from time to time; and
b
any technical standards made by the Authority under regulation 40A (technical standards) regarding a standardised presentational format of the statement of fees and its common symbol.
Content2
The statement of fees must—
a
state all fees incurred during the relevant period for services linked to a payment account;
b
where applicable, use the terms featured in the linked services list; and
c
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.
Mandatory information3
1
The statement of fees must specify at least the following information—
a
the unit fee charged for each service and the number of times the service was used during the relevant period;
b
where the services are combined in a package—
i
the fee charged for the package as a whole;
ii
the number of times the package fee was charged during the relevant period; and
iii
the additional fee charged for any service exceeding the quantity covered by the package fee;
c
the total amount of fees incurred during the relevant period for—
i
each service;
ii
each package of services; and
iii
services exceeding the quantity covered by the package fee;
d
the overdraft and overunning interest rate or rates applied to the payment account during the relevant period;
e
the total amount of interest charged relating to the overdraft and overrunning during the relevant period;
f
the credit interest rate or rates applied to the payment account during the relevant period;
g
the total amount of interest earned during the relevant period; and
h
the total amount of fees charged for all services provided during the relevant period.
2
In this paragraph—
“overrunning” means a tacitly accepted overdraft whereby a payment service provider makes available to a consumer funds which exceed the current balance in the consumer’s payment account or any overdraft facility; and
“relevant period” means the period to which the statement of fees relates.
Presentational format4
The statement of fees must—
a
be presented and laid out in a way that is clear and easy to read, using characters of a readable size;
b
be written in English, or if agreed by the consumer and the payment service provider, in another language; and
c
contain the title “statement of fees” at the top of the first page of the statement next to the common symbol referred to in paragraph 1 to distinguish the document from other documentation.