137. Deputy Carol Nolan asked the Minister for Finance the acknowledgment in respect of lodgements that must be given to the customer by financial institutions; and if he will make a statement on the matter. [27012/24]

Directive 2015/2366/EU on payment services was transposed into Irish law, with effect from 13 January 2018, by the European Union (Payment Services) Regulations, 2018 (S.I. No.6 of 2018).

The Payment Services Regulations set out that immediately after receipt of a payment order, a payer’s payment service provider shall provide the payer with or make available to the payer, in the same manner as information is to be provided, all of the following information with regard to the payment service provider’s services:

(a) a reference enabling the payer to identify the payment transaction and, where appropriate, information relating to the payee;

(b) the amount of the payment transaction in the currency used in the payment order;

(c) the amount of any charges for the payment transaction payable by the payer and, where applicable, a breakdown of the amounts of such charges;

(d) where applicable, the exchange rate used in the payment transaction by the payer’s payment service provider or a reference thereto, when different from the rate provided in accordance with Regulation 69(1) (d), and the amount of the payment transaction after that currency conversion;

(e) the date of receipt of the payment order.