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Effective from Jun 13 2023 - Jun 12 2023 To view other versions open the versions tab on the right
(1)
A Payee’s Payment Service Provider shall apply a credit date to the Payee’s Payment Account no later than the business day on which the amount of the Payment Transaction is credited to the account of the Payment Service Provider.
(2)
A Payee’s Payment Service Provider must ensure that the amount of the Payment Transaction is put at the Payee’s disposal immediately after that amount has been credited to that Payment Service Provider’s account unless additional time is required to execute a currency conversion, which shall be executed as soon as practically possible.
(3)
The debit value date for the Payer’s Payment Account must be no earlier than the time at which the amount of the Payment Transaction is debited to that Payer’s Payment Account.
