The full amount is credited to the beneficiary 's account

The credit value date for the payee 's payment account shall be the point in time at which that account is credited .

( b ) credit the amount of the payment order to the RTGS account of the receiving participant

Where appropriate with regard to the nature of the payment transaction concerned , for transactions initiated by the payer , the payer shall , upon request , communicate to his payment service provider the IBAN of the payee and the BIC of the payment service provider of the payee .

It would seem obvious that funds are available once credited to the payee 's account .

Member States shall ensure that the payment service 1 .

Member States shall ensure that the payment service provider of the payee makes funds available to the payee as soon as those funds are credited to the payee 's payment account .

A transfer initiated by the payee ( the receiver ) via the payee 's bank after agreement between the payee and payer ( the sender ) .

Charges on the beneficiary side should only be allowed if beneficiaries are charged when receiving national payments .

An account on the liabilities side forming the counterpart of the account referred to under paragraph 1

Each payment is counted once on the sending participant 's side and not twice i.e. the debiting of the payer 's account and the crediting of the payee 's account are not counted separately .

Where appropriate with regard to the nature of the payment transaction concerned , for transactions initiated by the payee , the payee shall , upon request , communicate to his payment service provider the IBAN of the payer and the BIC of the payment service provider of the payer .

13.12 Article 65 ( 1 ) of the proposed directive concerning availability of funds states that Member States must ensure that payment service providers of the payee make funds available to the payee as soon as these funds are credited to the account of the payee .

Direct debits are counted on the payee 's side .

Direct debits are counted on the payee 's side .

Funds received by the ECB , for the account of the European Community , under borrowing arrangements entered into by the latter , shall be transferred on the same value date to the account specified by the national central bank of the Member State receiving the corresponding loan .

Intuitively, there are many cases where people do want to take the numbers involved into account.

In February 2003 , the EPC adopted an Interbank Convention on Payments that ensures that the instructed amount of a transfer is credited to the beneficiary customer in full .

Article 3 Sums received by the EMI for the account of the European Community under borrowing arrangements entered into by the latter shall be transferred on the same value date to the account specified by the central bank of the country receiving the corresponding loan .

While elaborating a long term solution , the concept of account number portability should be reviewed .

The PSPs of the payer and of the payee only receive the information necessary to settle the transaction on their customer 's account , i.e. they receive no information on the underlying purpose of the transaction .

Article 6 Transfers of funds within the Community By way of derogation from Article 5 , transfers of funds , where both the payment service provider of the payer and the payment service provider of the payee are situated in the Community , shall only be required to be accompanied by the account number of the payer or a unique identifier allowing the transaction to be traced back to the payer .

In the latter case , the payment service provider of the payee may either hold the funds pending enquiry or make the funds available to the payee .

It will ensure full reachability , guarantee that the full amount is credited to the recipient 's account , and place no limit on the value of the payment .

Cheques are counted on the payee 's side when submitted for cheque clearing .

This Regulation shall not apply to transfers of funds where both the payer and the payee are payment service providers acting on their own behalf .

Different Member States impose different minimum information obligations for the execution of cross border payments ( e.g. obligations in respect to the data of a beneficiary , most request the indication of the account number and others also the indication of the address obligation to indicate the address of the receiving bank ) .

Under the Agreement10 , the postal payment services provider is liable until the postal payment order has been duly paid or the payee 's account credited . An exception to the liability of the payment services provider is provided for in case of delay in the execution of the services11 .

of taxes , fines or other levies , and where the payer and payee are payment service providers acting on their own behalf .

SEPA will allow customers to make non cash euro payments to any beneficiary located anywhere in the euro area using a single bank account and a single set of payment instruments .

Card transactions are counted on the acquiring ( i.e. payee 's ) side .

For a payment transaction initiated by or through the payee , Member States shall require the payment service provider to ensure that , after the point of time of acceptance , the amount ordered is credited to the payee 's payment account at the latest at the end of the first working day following the day on which the point in time of acceptance falls , unless otherwise explicitly agreed between the payee and his payment service provider .

For about seven years, the first two numbers remained 2.6 , and the third number was incremented with each new release, which rolled out after two to three months.

Credit transfers are counted on the payee 's ( i.e. instruction recipient 's ) side .

While Irina's Facebook account has already been removed, possibly at the request of her relatives, Kabanov's account has over a thousand friends (although their number has diminished since the news first came out).

Article 61 Payment transactions initiated by or through the payee 1 .

The decisions will be taken in the light , inter alia , of the need to establish the overall size of the European Parliament in an enlarged Community .

For finite sets this is easy one simply counts the number of elements a set has.

For cross border credit transfers , a customer shall , upon request , communicate to the institution carrying out the transfer the IBAN of the beneficiary and the BIC of the beneficiary 's institution .

the validation of the International Bank Account Number ( IBAN ) for customer payments .

where the payment service provider of either the payer or the payee is not located in the Community .

apply 129 ( 1 )( c ) taking into account the work of other forums that may be established in this area .

Local government comprises public administration whose competence extend only to a local part of the economic territory of the reporting country , excluding local agencies of social security funds ( ESA 95 , paragraphs 2.72 and 2.73 ) . Sub funds specify a separate class or designation of unit within a fund which invests in a separate pool or portfolio of investments .

Sub accounts shall be identified by the BIC of the PM account to which they relate , in combination with an account number that is specific to the relevant sub account .

The payments of principal and interest due under the loans will be trans ferred by the beneficiary Member State to an account with the ECB 14 TARGET2 business days prior to the corresponding due date .