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Version status: Revoked | Document consolidation status: Updated to reflect all known changes
Version date: 13 January 2018 - onwards
  Version 3 of 3    

Regulation 58 Information for the payer on individual payment transactions.

Revoked from 13 January 2018

(1) If a payer requests a payment service provider to make an individual payment transaction under a framework contract, after the amount of the transaction is debited from the payer's account or, where the payer does not use a payment account, after the receipt of the payment order, the payment service provider shall provide the payer without undue delay with the following information:

(a) a reference enabling the payer to identify the transaction and, where required by or under any law relating to money-laundering or the prevention of terrorist financing or otherwise appropriate, information relating to the payee;

(b) the amount of the transaction in the currency in which the payer's payment account is debited or the currency used for the payment order;

(c) the total charge payable for the transaction by the user to the provider and, where the total charge can be broken down into components, a statement of those components, or the interest payable by the payer; and

(d) where a c

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