PART 7 U.K.Rights and Obligations in Relation to the Provision of Payment Services

Liability U.K.

Liability of payment service provider for charges and interest U.K.

94.  A payment service provider is liable to its payment service user for—

(a) any charges for which the payment service user is responsible; and

(b) any interest which the payment service user must pay,

as a consequence of the non-execution or defective or late execution of the payment transaction.