Regulation
Regulation (EU) 2024/886 of the European Parliament and of the Council of 13 March 2024 amending Regulations (EU) No 260/2012 and (EU) 2021/1230 and Directives 98/26/EC and (EU) 2015/2366 as regards instant credit transfers in euro · st:ipr2024
Primary text ↗Verified
Dates
2024-04-08 source
In force from
Key provisions
1 in the graphThe article’s own text, quoted verbatim from the primary source below — a citable fact, not a summary. No plain-English explanation is shown: writing one would be legal analysis nobody sourced (docs/RULES.md R1). That register is reserved should sourced explanations be added later, and will never share this card’s styling.
Article 1(2), inserted Article 5a(1) of Regulation (EU) No 260/2012 (Instant credit transfer obligation)
prov:ipr-art5a
ARTICLE TEXT — VERBATIM, TIER B
PSPs that offer to their PSUs a payment service of sending and receiving credit transfers shall offer to all of their PSUs a payment service of sending and receiving instant credit transfers. source
PLAIN-ENGLISH EXPLANATION
Not built — see docs/RULES.md R1. This register is reserved for a future, separately sourced and cited explanation; it will never be filled with unsourced prose.
Grants (in the graph) Execute payment transactions (direct debits, card payments, credit transfers)
National regimes implementing it
One statute, implemented differently by each regime below — the same directive granting different activities, client types and capital figures market by market.
No regime in the loaded snapshot cites this statute.
Sources
Article 1(2), inserted Article 5a(1) of Regulation (EU) No 260/2012 (Instant credit transfer obligation)Regulation (EU) 2024/886 of the European Parliament and of the Council of 13 March 2024 amending Regulations (EU) No 260/2012 and (EU) 2021/1230 and Directives 98/26/EC and (EU) 2015/2366 as regards instant credit transfers in eurohttp://publications.europa.eu/resource/celex/32024R0886?language=ENG
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