Section 53(2)

The information is— a reference enabling the payer to identify the payment transaction and, where appropriate, information relating to the payee; the amount of the payment transaction in the currency in which the payer's payment account is debited or in the currency used for the payment order; the amount of any charges for the payment transaction and, where applicable, a breakdown of the amounts of such charges, or the interest payable by the payer; where applicable, the exchange rate used in the payment transaction by the payer's payment service provider and the amount of the payment transaction after that currency conversion; and the debit value date or the date of receipt of the payment order.

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