EBA finalises PAD terminology and disclosure Annex

EBA finalised its technical standards on standard terminology and disclosure under the PAD and submitted it to the Commission in early May.  It has now published the Annex which contains the 8 terms in all official languages. The terms, in English, are:

  • maintaining the account
  • providing a debit card
  • providing a credit card
  • arranged overdraft
  • sending money
  • standing order
  • direct debit
  • cash withdrawal