§ 3-33. Standardised fee information document for payment accounts
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The text of the law (unofficial translation)
§ 3-33. Standardised fee information document and explanatory glossary
What does this mean?
The section applies to consumers who get a payment account under Chapter 4. The cost information in § 3-28 letter a, meaning the total amount and a breakdown of the individual items, must then be given in a standardised fee information document together with an explanatory glossary. The Government may lay down more detailed rules on this in regulations.
It is a special rule supplementing § 3-28 on costs, and it sits between the rules on payment services (betalingstjenester) (§ 3-30 to § 3-32) and the rules on credit (§ 3-34). Example: A consumer opens a payment account, and the service provider (tjenesteyter) must then use the document and the glossary when presenting the costs.