PART TWOCOMMON PROVISIONS
TITLE VIIIPAYMENTS, PRESENTATION AND ACCEPTANCE OF ACCOUNTS, FINANCIAL CORRECTIONS AND RECOVERIES
CHAPTER 1 Payments
Article 59Common rules for payments
1.
Payments to managing authorities may take the form of prefinancing or payment of the final balance.
2.
A bank account in euro, specifically dedicated to the programme shall be opened. When payments by the Commission are channelled through another bank account than the programme's, the related amounts and any accrued interest shall be transferred to the programme bank account without delay and in full.
3.
No amount shall be deducted or withheld and no specific charge or other charge with equivalent effect shall be levied on these amounts or on any accrued interest.