1. — Directive 2014/92/EU of the European Parliament and of the Council of 23 July…

1.

Directive 2014/92/EU of the European Parliament and of the Council of 23 July 2014 on the comparability of fees related to payment accounts, payment account switching and access to payment accounts with basic features Text with EEA relevance · European Union

Member States shall ensure that the switching service is initiated by the receiving payment service provider at the request of the consumer. The switching service shall at least comply with paragraphs 2 to 6. Member States may establish or maintain measures alternative to those referred to in paragraphs 2 to 6, provided that: it is clearly in the interest of the consumer; there is no additional burden for the consumer; and the switching is completed within, as a maximum, the same overall time-frame as that indicated in paragraphs 2 to 6.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-29 · Text as adopted (Official Journal); later amendments are not incorporated in this text.