Content Options

Content Options

View Options

Status: Please note you should read all Brexit changes to the FCA Handbook and BTS alongside the main FCA transitional directions. Where these directions apply the 'standstill', firms have the choice between complying with the pre-IP completion day rules, or the post-IP completion day rules. To see a full list of Handbook modules affected, please see Annex B to the main FCA transitional directions.

You are viewing the version of the document as on 2021-01-01.

Article 10 Detailed statement of fees paid on the account

  1. (1)

    Payment service providers shall list in the table headed "Detailed statement of fees paid on the account" all fees incurred in the relevant period for the corresponding services.

    Fees for provision or maintenance of the account shall be listed under sub-heading "General account services".

  2. (2)

    Payment service providers shall insert the services in the sub-column "Service", left aligned, in bold type, using line spacing single, 0 pt before and 0 pt after each service.

  3. (3)

    Payment service providers shall display in the sub-column "Number of times the service was used" the number of times each service has been used during the relevant period of the statement of fees, right aligned, using the font prescribed in Article 1(3)(d).

    Payment service providers shall leave the sub-column "Number of times the service was used" blank where:

    1. (a)

      a service has been used but the payment service provider did not charge a fee for that service, and

    2. (b)

      the inclusion of such information is enabled or required by the Payment Accounts Regulations (SI 2015/2038).

  4. (4)

    Payment service providers shall display in the sub-column "Unit fee" the unit fee structure and cost for each service used, right aligned.

  5. (5)

    Payment service providers shall display in the sub-column "Number of times the fee was charged" the number of times each service has been charged during the relevant period of the statement of fees, right aligned. Payment service providers shall indicate this in the corresponding sub-column by using the wording "fee not charged" where:

    1. (a)

      a service has been used but no fee has been charged, and

    2. (b)

      the inclusion of such information is enabled or required by the Payment Accounts Regulations (SI 2015/2038).

  6. (6)

    Payment service providers shall display in the sub-column "Total" the resulting total amount of fees paid for using that service during the relevant period, in bold.

  7. (7)

    Where a sub-heading does not contain any service, payment service providers shall delete that sub-heading. Payment service providers shall also delete the sub-heading when the payment account holder did not use any services beyond the quantities indicated in the package of services during the relevant period.

  8. (8)

    Payment service providers shall display the resulting total amount of fees paid by a payment account holder during the relevant period in the row "Total fees paid", in bold.