Directive 2007/64/EC - Payment Services Directive (PSD)

Version status: Repealed | Document consolidation status: Updated to reflect all known changes

Published date: 5 December 2007

Consolidation Status: Updated to reflect all known changes

Comparing proposed amendment...


	Recitals
	Title I Subject Matter, Scope and Definitions (arts. 1-4)
Repealed	Article 1 Subject matter
Repealed	Article 2 Scope
Repealed	Article 3 Negative scope
Repealed	Article 4 Definitions
	Title II Payment Service Providers (arts. 5-29)
	Chapter 1 Payment institutions (arts. 5-27)
	Section 1 General rules (arts. 5-16)
Repealed	Article 5 Applications for authorisation
Repealed	Article 6 Initial capital
Repealed	Article 7 Own funds
Repealed	Article 8 Calculation of own funds
Repealed	Article 9 Safeguarding requirements
Repealed	Article 10 Granting of authorisation
Repealed	Article 11 Communication of the decision
Repealed	Article 12 Withdrawal of authorisation
Repealed	Article 13 Registration
Repealed	Article 14 Maintenance of authorisation
Repealed	Article 15 Accounting and statutory audit
Repealed	Article 16 Activities
	Section 2 Other requirements (arts. 17-19)
Repealed	Article 17 Use of agents, branches or entities to which activities are outsourced
Repealed	Article 18 Liability
Repealed	Article 19 Record-keeping
	Section 3 Competent authorities and supervision (arts. 20-25)
Repealed	Article 20 Designation of competent authorities
Repealed	Article 21 Supervision
Repealed	Article 22 Professional secrecy
Repealed	Article 23 Right to apply to the courts
Repealed	Article 24 Exchange of information
Repealed	Article 25 Exercise of the right of establishment and freedom to provide services
	Section 4 Waiver (arts. 26-27)
Repealed	Article 26 Conditions
Repealed	Article 27 Notification and information
	Chapter 2 Common provisions (arts. 28-29)
Repealed	Article 28 Access to payment systems
Repealed	Article 29 Prohibition for persons other than payment service providers to provide payment services
	Title III Transparency of Conditions and Information Requirements for Payment Services (arts. 30-50)
	Chapter 1 General rules (arts. 30-34)
Repealed	Article 30 Scope
Repealed	Article 31 Other provisions in Community legislation
Repealed	Article 32 Charges for information
Repealed	Article 33 Burden of proof on information requirements
Repealed	Article 34 Derogation from information requirements for low-value payment instruments and electronic money
	Chapter 2 Single payment transactions (arts. 35-39)
Repealed	Article 35 Scope
Repealed	Article 36 Prior general information
Repealed	Article 37 Information and conditions
Repealed	Article 38 Information for the payer after receipt of the payment order
Repealed	Article 39 Information for the payee after execution
	Chapter 3 Framework contracts (arts. 40-48)
Repealed	Article 40 Scope
Repealed	Article 41 Prior general information
Repealed	Article 42 Information and conditions
Repealed	Article 43 Accessibility of information and conditions of the framework contract
Repealed	Article 44 Changes in conditions of the framework contract
Repealed	Article 45 Termination
Repealed	Article 46 Information before execution of individual payment transactions
Repealed	Article 47 Information for the payer on individual payment transactions
Repealed	Article 48 Information for the payee on individual payment transactions
	Chapter 4 Common provisions (arts. 49-50)
Repealed	Article 49 Currency and currency conversion
Repealed	Article 50 Information on additional charges or reductions
	Title IV Rights and Obligations in Relation to the Provision and use of Payment Services (arts. 51-83)
	Chapter 1 Common provisions (arts. 51-53)
Repealed	Article 51 Scope
Repealed	Article 52 Charges applicable
Repealed	Article 53 Derogation for low value payment instruments and electronic money
	Chapter 2 Authorisation of payment transactions (arts. 54-63)
Repealed	Article 54 Consent and withdrawal of consent
Repealed	Article 55 Limits of the use of the payment instrument
Repealed	Article 56 Obligations of the payment service user in relation to payment instruments
Repealed	Article 57 Obligations of the payment service provider in relation to payment instruments
Repealed	Article 58 Notification of unauthorised or incorrectly executed payment transactions
Repealed	Article 59 Evidence on authentication and execution of payment transactions
Repealed	Article 60 Payment service provider's liability for unauthorised payment transactions
Repealed	Article 61 Payer's liability for unauthorised payment transactions
Repealed	Article 62 Refunds for payment transactions initiated by or through a payee
Repealed	Article 63 Requests for refunds for payment transactions initiated by or through a payee
	Chapter 3 Execution of payment transactions (arts. 64-78)
	Section 1 Payment orders and amounts transfer red (arts. 64-67)
Repealed	Article 64 Receipt of payment orders
Repealed	Article 65 Refusal of payment orders
Repealed	Article 66 Irrevocability of a payment order
Repealed	Article 67 Amounts transferred and amounts received
	Section 2 Execution time and value date (arts. 68-73)
Repealed	Article 69 Payment transactions to a payment account
Repealed	Article 70 Absence of payee's payment account with the payment service provider
Repealed	Article 71 Cash placed on a payment account
Repealed	Article 72 National payment transactions
Repealed	Article 73 Value date and availability of funds
Repealed	Article 68 Scope
	Section 3 Liability (arts. 74-78)
Repealed	Article 74 Incorrect unique identifiers
Repealed	Article 75 Non-execution or defective execution
Repealed	Article 76 Additional financial compensation
Repealed	Article 77 Right of recourse
Repealed	Article 78 No liability
	Chapter 4 Data protection (art. 79)
Repealed	Article 79 Data protection
	Chapter 5 Out-of-court complaint and redress procedures for the settlement of disputes (arts. 80-83)
	Section 1 Complaint procedures (arts. 80-82)
Repealed	Article 80 Complaints
Repealed	Article 81 Penalties
Repealed	Article 82 Competent authorities
	Section 2 Out-of-court redress procedures (art. 83)
Repealed	Article 83 Out-of-court redress
	Title V Implementing Measures and Payments Committee (arts. 84-85)
Repealed	Article 84 Implementing measures
Repealed	Article 85 Committee
	Title VI Final Provisions (arts. 86-96)
Repealed	Article 86 Full harmonisation
Repealed	Article 87 Review
Repealed	Article 88 Transitional provision
Repealed	Article 89 Amendment of Directive 97/7/EC
Repealed	Article 90 Amendments of Directive 2002/65/EC
Repealed	Article 91 Amendments of Directive 2005/60/EC
Repealed	Article 92 Amendments of Directive 2006/48/EC
Repealed	Article 93 Repeal
Repealed	Article 94 Transposition
Repealed	Article 95 Entry into force
Repealed	Article 96 Addressees
Repealed	Annex - Payment Services (Definition 3 in Article 4)
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