GLOSSARY
Published by a LexisNexis Commercial expert
What does Payment service mean?
Payment service includes credit card payments; payments into, and withdrawals from, ATM machines or over the counter; direct debits, including one-off direct debits; transferring e-money; payment transactions executed through a payment card or a similar device; credit transfers, including standing orders, BACS and CHAPS payments; and money remittance.It does not include cash-back services; cash payments directly between a payer and a payee without an intermediary; payment transactions through commercial agents; bureaux de change services; and certain services provided by technical service providers.
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Dealing with freelance solicitors
Dealing with freelance solicitors From 25 November 2019, the SRA Standards and Regulations introduced a new method of practising: the...
EU and UK Wire Transfer Regulations—timeline [Archived]
EU and UK Wire Transfer Regulations—timeline [Archived] ARCHIVED:This Practice Note is archived and is no longer maintained. This timeline outlines...
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Privacy policy—general commercial organisation—customer-facing
Privacy policy—general commercial organisation—customer-facing We take your privacy very seriously. Please read this privacy policy carefully as it contains important...
Ireland—Website privacy policy
Ireland—Website privacy policy This Precedent provides a general framework for a website privacy policy that provides data subjects with information...
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Funds are received from a bank in an estate. There is a gift in the Will of monies in a specific account at that bank, but the bank are not able to provide information regarding whether the funds came from the specific account or another account, since they have deleted their records. Is there any process that can be undertaken to clarify whether or not the gift is payable or will fail?
Funds are received from a bank in an estate. There is a gift in the Will of monies in...
Do UK payment service providers need to comply with the information requirements laid down in Regulation (EU) 260/2012 (the SEPA Regulation), where applicable, in addition to the payment account number of both the payer and the payee or the unique transaction identifier pursuant to Article 5(1) of Regulation (EU) 2015/847, where all PSPs involved in the payment chain are established in the European Economic Area?
Do UK payment service providers need to comply with the information requirements laid down in Regulation (EU) 260/2012...
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Financial Services weekly highlights—11 April 2024
This week's edition of Financial Services weekly highlights includes: Payment for investment research: FCA consults on plans to extend options;...
Tax weekly highlights—28 March 2024
This week's edition of Tax weekly highlights includes: (1) Regulations relating to the postponed start date of Making Tax Digital...
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