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Article 57

No: 000044093096 Date(g): 13/6/2023 | Date(h): 24/11/1444 Status: In-Force

Effective from Jun 13 2023 - Jun 12 2023
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The Payment Service Provider must provide the Payee with the information of the payment transactions executed under a Framework Contract at least once per month free of charge. Such information shall include the following:

(a) A reference enabling the Payee to identify the Payment Transaction and the Payer, and any information transferred with the Payment Transaction;  
(b)The amount of the Payment Transaction in the currency in which the Payee’s payment account is credited;
(c) The amount of any charges for the Payment Transaction and a breakdown of the amounts of such charges by the Payee; 
(d) The exchange rate used in the Payment Transaction by the Payment Service Provider to the Payee, and the amount of the Payment Transaction before that currency conversion; and
(e)The credit value date.