2024-11-28
Banco de Portugal issued Circular Letter No. CC/2024/00000051 to disclose the obligations related to the provision of instant euro credit transfers. The directive applies to credit institutions, electronic money institutions, and payment institutions, specifying requirements for instant payment systems. This regulatory update was published in the Official Bulletin on November 28, 2024, to ensure compliance with instant transfer standards.
Discloses the obligations related to the provision of instant euro credit transfers.
In force
11/2024 2nd Supplement
28-11-2024
28-11-2024
Credit Institutions, Electronic Money Institutions, Payment Institutions
Payment Systems, Credit Transfers, Electronic Payment, Large-Value Payment System
Banks, Central Credit Cooperative Savings Bank, Agricultural Credit Cooperative Savings Banks, Savings Banks, Mortgage Credit Institutions, Electronic Money Institutions, Payment Institutions, Credit Financial Institutions
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