Section 88

Where a payment service user places cash on its payment account with a payment service provider in the same currency as that payment account, the payment service provider must— if the user is a consumer, micro-enterprise or charity, ensure that the amount is made available and value dated immediately after the receipt of the funds; in any other case, ensure that the amount is made available and value dated no later than the end of the next business day after the receipt of the funds.

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