Section 105(1)

A credit institution must— grant payment service providers of the types referred to in paragraphs (a) to (f) of the definition of “payment service provider” in regulation 2(1), and applicants for authorisation or registration as such payment service providers, access to payment accounts services on an objective, non-discriminatory and proportionate basis; when a payment service provider of a type mentioned in sub-paragraph (a) enquires about such access, include in the response to the enquiry the criteria that the credit institution applies when considering requests for such access; and maintain arrangements to ensure that those criteria are applied in a manner which ensures compliance with sub-paragraph (a).

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Source: legislation.gov.uk · retrieved 2026-09-04