Article 12 — Prohibition of interest

EMD/Article 12
ℹ️ Unamended in selected comparison
← Art. 11Art. 13 →
Comparing:

Article 12

Prohibition of interest

Member States shall prohibit the granting of interest or any other benefit related to the length of time during which an electronic money holder holds the electronic money.

Source: Official Journal of the European Union. Consolidated text reproduced from EUR-Lex (Directive 2009/110/EC) ↗