reference exchange rate
as defined in Proposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on…, Article 3, point (32)
the exchange rate which is used as the basis to calculate any currency conversion cost and which is disclosed by the payment service provider or comes from a publicly available source
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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 (27)
the exchange rate which is used as the basis to calculate any currency exchange and which is made available by the payment service provider or comes from a publicly available source; - 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 (18)
the exchange rate which is used as the basis to calculate any currency exchange and which is made available by the payment service provider or comes from a publicly available source;