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ID 1071. PSD - General Back

Relevant provisions
General question on Directive 2007/64/EC

The answer to Q 427 does not appear to make sense. Or does Q 427 ("Are payment institutions allowed to issue pre-paid cards or debit cards themselves (not on behalf of a
bank) in any circumstances?") actually relate to e-money institutions and not payment institutions?

Question 427 relates to payment institutions but the reply, in addition, addresses also the legal regime applicable to e-money institutions.

Submitted on 06/09/2011