business day
as defined in Proposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on…, Article 3, point (43)
a day on which the payment service provider of the payer or of the payee involved in the execution of a payment transaction is open for business to execute a payment transaction
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Also defined in
- Directive (EU) 2015/2366 of the European Parliament and of the Council of 25 November 2015 on payment services in the… 32015L2366, Article 4, point (37)
a day on which the relevant payment service provider of the payer or the payment service provider of the payee involved in the execution of a payment transaction is open for business as required for the execution of a payment transaction; - Regulation (EU) No 909/2014 of the European Parliament and of the Council of 23 July 2014 on improving securities… 32014R0909, Article 2(1), point (14)
business day as defined in point (n) of Article 2 of Directive 98/26/EC - Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the… 32014L0059, Article 2(1), point (81)
a day other than a Saturday, a Sunday or a public holiday in the Member State concerned; - Directive 2007/64/EC of the European Parliament and of the Council of 13 November 2007 on payment services in the… 32007L0064, Article 4, point (27)
a day on which the relevant payment service provider of the payer or the payment service provider of the payee involved in the execution of a payment transaction is open for business as required for the execution of a payment transaction; - Directive 98/26/EC of the European Parliament and of the Council of 19 May 1998 on settlement finality in payment and… 01998L0026-20240408, Article 2, point (n)
both day and night-time settlements and shall encompass all events happening during the business cycle of a system