Section 86(3)

Where a payment transaction— the payer's payment service provider must ensure that the amount of the payment transaction is credited to the payee's payment service provider's account by the end of the fourth business day following the time of receipt of the payment order. does not fall within paragraphs (a) to (c) of regulation 85(1) or regulation 85(1A); but is to be executed wholly within the United Kingdom,

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