PART 6 U.K. Information Requirements for Payment Services

Framework contracts U.K.

Information prior to execution of individual payment transaction U.K.

52.  Where an individual payment transaction under a framework contract is initiated by the payer, at the payer's request the payer's payment service provider must inform the payer of—

(a) the maximum execution time;

(b) the charges payable by the payer in respect of the payment transaction; and

(c) where applicable, a breakdown of the amounts of such charges.