2.

Where appropriate, with regard to the nature of the payment transaction concerned: for transactions initiated by the payer, the payer shall, on request, communicate to the payment service provider the payee’s IBAN and the BIC of the payee’s payment service provider; for transactions initiated by the payee, the payee shall, on request, communicate to the payment service provider the payer’s IBAN and the BIC of the payer’s payment service provider.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-12 · Text as adopted (Official Journal); later amendments are not incorporated in this text.