Information prior to execution of individual payment transaction
This section has no associated Explanatory Memorandum
44. 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.