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

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

Article 25

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.

1. Overview

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Summary Regulation

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source Requirement

3. Related Standards

Standards
Source Requirement