overdraft facility
as defined in Directive 2014/92/EU of the European Parliament and of the Council of 23 July…, Article 2, point (25) (Definitions)
|
(25) |
‘overdraft facility’ means an explicit credit agreement whereby a payment service provider makes available to a consumer funds which exceed the current balance in the consumer’s payment account; |
Install the extension for EUR-Lex
Also defined in
- Directive (EU) 2023/2225 of the European Parliament and of the Council of 18 October 2023 on credit agreements for… 32023L2225, Article 3, point (18)
an explicit credit agreement whereby a creditor makes available to a consumer funds which exceed the current balance in the consumer’s current account - Directive 2008/48/EC of the European Parliament and of the Council of 23 April 2008 on credit agreements for consumers… 32008L0048, Article 3, point (d)
an explicit credit agreement whereby a creditor makes available to a consumer funds which exceed the current balance in the consumer's current account