reference interest rate
as defined in Proposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on…, Article 3, point (33)
the interest rate which is used as the basis for calculating any interest to be applied and which comes from a publicly available source which can be verified by both parties to a payment service contract
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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 (28)
the interest rate which is used as the basis for calculating any interest to be applied and which comes from a publicly available source which can be verified by both parties to a payment service contract; - 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 (20)
the interest rate which is used as the basis for calculating any interest to be applied and which comes from a publicly available source which can be verified by both parties to a payment service contract;