1. Where a payer makes a credit transfer to a payee holding a payment account located within the Union, the payer shall not be required to specify the Member State in which that payment account is located, provided that the payment account is reachable.
2. Where a payee accepts a credit transfer or uses a direct debit to collect funds from a payer holding a payment account located within the Union, the payee shall not be required to specify the Member State in which that payment account is located, provided that the payment account is reachable.