Payment Services Directive and Receivable put: Difference between pages

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imported>Doug Williamson
(Mend link.)
 
imported>Doug Williamson
(Create the page. Source: The Treasurer, February 2016, page 45.)
 
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(PSD).
A right to deliver receivables to a bank in the event of default by a buyer.


A directive designed to increase consumer rights when sending transfers and money remittances outside the European Union (EU) or paying in non-EU currencies, and to promote the emergence of new players and the development of innovative mobile and internet payments in Europe.  
The predetermined purchase price can be 100% of the coverage amount, or a predetermined discounted amount.




== See also ==
==See also==
* [[EC Directive 2007/64/EC ]]
*[[Credit risk]]
* [[European Union]]
*[[Receivables]]
* [[One-leg-out payment]]
*[[Put]]
* [[Payments and payment systems]]
* [[PSD2]]
* [[Regulatory Technical Standard]]  (RTS)
* [[SCA]]
* [[Single Euro Payments Area]]
* [[TPP]]
 
 
 
==External link==
[https://ec.europa.eu/info/law/payment-services-psd-2-directive-eu-2015-2366_en Payment services (PSD 2) - Directive (EU) 2015/2366]
 
[[Category:Compliance_and_audit]]
[[Category:Manage_risks]]

Revision as of 22:07, 8 February 2016

A right to deliver receivables to a bank in the event of default by a buyer.

The predetermined purchase price can be 100% of the coverage amount, or a predetermined discounted amount.


See also