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Clifford Chance

Clifford Chance


EU cross-border payments: price equality and FX transparency

19 July 2019

The revised EU cross-border payments regulation is due to extend the current price equality rule for cross-border transactions in euro to ensure they are no more expensive than domestic transactions in the national currency of non-euro area member states. It will also introduce transparency requirements for currency conversion services provided in relation to card transactions and online-initiated credit transfers.

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