PART 5 INFORMATION REQUIREMENTS FOR PAYMENT SERVICES

Framework contracts

44 Information prior to execution of individual payment transaction
Where an individual payment transaction under a framework contract is initiated by the payer, at the payer’s request the payer’s payment service provider must inform the payer of—
(a) the maximum execution time;
(b) the charges payable by the payer in respect of the payment transaction; and
(c) where applicable, a breakdown of the amounts of such charges.