CHAPTER VU.K. COMPETENT AUTHORITIES AND ALTERNATIVE DISPUTE RESOLUTION

Article 25U.K.Mechanism in the event of refusal of a payment account for which a fee is charged

Without prejudice to Article 16, Member States may set up a specific mechanism to ensure that consumers who do not have a payment account in their territory and who have been denied access to a payment account for which a fee is charged by credit institutions will have effective access to a payment account with basic features, free of charge.