8 Amendments of Erik POULSEN related to 2023/0210(COD)
Amendment 105 #
Proposal for a regulation
Recital 50
Recital 50
(50) To achieve comparability, the estimated currency conversion charges for credit transfers and remittances carried out within the Union and from the Union to a third country should be expressed in the same way, namely as a percentage mark- up over the latest available euro foreign exchange reference rates issued by the European Central Bank (ECB)charge in the currency in which the transaction is initiated. This currency conversion charge is made up of any mark-up over the mid- market exchange rate offered by neutral, independent and credible providers, expressed in a monetary value. When reference is made to ‘charges’ in this Regulation, it should also cover, where applicable, ‘currency conversion’ charges.
Amendment 180 #
Proposal for a regulation
Article 3 – paragraph 1 – point 32
Article 3 – paragraph 1 – point 32
(32) ‘reference exchange rate’ means the exchange rate which is used asby the basis to calculate any currency conversion cost and which is disclosed by the payment service provider or comes from a publicly available sourcepayment service provider for a currency conversion service and is compared against the mid-market exchange rate to calculate the currency conversion cost;
Amendment 181 #
Proposal for a regulation
Article 3 – paragraph 1 – point 32 a (new)
Article 3 – paragraph 1 – point 32 a (new)
(32 a) ‘mid-market exchange rate’ means the exchange rate which is used as the basis for comparison against the reference exchange rate to calculate any currency conversion cost and which is aggregated by neutral and credible providers;
Amendment 202 #
Proposal for a regulation
Article 5 – paragraph 2
Article 5 – paragraph 2
2. Where a currency conversion service is offered prior to the initiation of the payment transaction and where that currency conversion service is offered at an ATM, at the point of sale or by the payee, the party offering the currency conversion service to the payer shall disclose to the payer all charges, including any mark-ups over the aggregated mid-market exchange rate offered by neutral and credible providers, and the exchange rate to be used for converting the payment transaction.
Amendment 212 #
Proposal for a regulation
Article 13 – paragraph 1 – introductory part
Article 13 – paragraph 1 – introductory part
1. Payment service providers shall provide in an easily understandable way or make available to payment service users the following information and conditions:
Amendment 216 #
Proposal for a regulation
Article 13 – paragraph 1 – point f
Article 13 – paragraph 1 – point f
(f) where applicable, the estimated charges for currency conversion in relation to credit transfers and money remittance transactions, expressed as a percentage mark-up over the latest available applicable foreign exchange reference rate issued by the relevin a monetary value in the payer's currency over the mid-market exchange rate offered by neutral antd central bankredible providers;
Amendment 222 #
Proposal for a regulation
Article 20 – paragraph 1 – introductory part
Article 20 – paragraph 1 – introductory part
The payment service provider shall provide in an easily understandable way the following information and conditions to the payment service user:
Amendment 228 #
Proposal for a regulation
Article 20 – paragraph 1 – point c – point v
Article 20 – paragraph 1 – point c – point v
(v) where applicable, the estimated charges for currency conversion services in relation to a credit transfer expressed as a percentage mark-up over the latest available applicable foreign exchange reference rate issued by the relevmark-up in a monetary value in the payer's currency over the mid-market exchange rate offered by neutral antd central bankredible providers;