The law of 4 April 2025 on credit instant payments entered into force on the 11 April 2025. It implements the Regulation (EU) 2024/886 as regards instant credit transfers in euro (the “ICT Regulation”) which aims at making instant payments fully available in euro to consumers and businesses across the EU.
The Draft Law, which amends Payment Services Law of 10 November 2024 (the "Payment Services Law") was adopted without any substantial amendments to the version we reported on in our January 2025 Newsletter.
The CSSF has helpfully already published a consolidated version of the Payment Services Law which is available here.
Share on
