Article 85

Path:
Payment Services Directive 2 (PSD2) > TITLE IV > CHAPTER 3 > Section 2 > Article 85
Title:
Article 85
Description: 
Cash placed on a payment account
Main content: 

Where a consumer places cash on a payment account with that payment service provider in the currency of that payment account, the payment service provider shall ensure that the amount is made available and value dated immediately after receipt of the funds. Where the payment service user is not a consumer, the amount shall be made available and value dated at the latest on the following business day after receipt of the funds.