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Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Version date: 26 June 2017 - onwards
  Version 4 of 4    

Article 3 Scope

Repealed from 26 June 2017

1. This Regulation shall apply to transfers of funds, in any currency, which are sent or received by a payment service provider established in the Community.

2. This Regulation shall not apply to transfers of funds carried out using a credit or debit card, provided that:

(a) the payee has an agreement with the payment service provider permitting payment for the provision of goods and services;

and

(b) a unique identifier, allowing the transaction to be traced back to the payer, accompanies such transfer of funds.

3. Where a Member State chooses to apply the derogation set out in Article 11(5)(d) of Directive 2005/60/EC, this Regulation shall not apply to transfers of funds using electronic money covered by that derogation, except where the amount transferred exceeds EUR 1 000.

4. Without prejudice to paragraph 3, this Regulation shall not apply to transfers of funds carried out by means of a mobile telephone or any other digital or Information Technology (IT) device, when such t

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