Reset to Today

To access the FCA Handbook Archive choose a date between 1 January 2001 and 31 December 2004.

Content Options:

Content Options

View Options:

Alternative versions

  1. Point in time
    2014-06-01

PERG 15 Annex 2 Payment Services in Schedule 1 Part 1 to the PSD regulations

(a)

Services enabling cash to be placed on a payment account and all of the operations required for operating a payment account

(b)

Services enabling cash withdrawals from a payment account and all of the operations required for operating a payment account

(c)

The execution of the following types of payment transaction -

(i)

direct debits, including one-off direct debits;

(ii)

payment transactions through a payment card or a similar device;

(iii)

credit transfers, including standing orders

(d)

The execution of the following types of payment transaction where the funds are covered by a credit line for the payment user-

(i)

direct debits, including one-off direct debits;

(ii)

payment transactions executed through a payment card or a similar device;

(iii)

credit transfers, including standing orders

(e)

Issuing payment instruments or acquiring payment transactions

(f)

Money remittance

(g)

The execution of payment transactions where the consent of the payer to execute the payment transaction is given by means of any telecommunication, digital or IT device and the payment is made to the telecommunication, IT system or network operator acting only as an intermediary between the payment user and the supplier of the goods or services