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Article L112-6-2 of the French Monetary and Financial Code

Payments made by court-appointed administrators and judicial representatives to the institutions mentioned inarticle L. 3253-14 of the Labour Code in application of articles L. 3253-15, L. 3253-16 and L. 3253-18-1 of the same code are made by bank transfer. The payment of wages and salaries is made by transfer by the judicial representative when, prior to the opening of the collective proceedings, it was made by transfer to a bank…

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Article L112-7 of the French Monetary and Financial Code

Infringements of articles L. 112-6 to L. 112-6-2 are recorded by agents designated by order of the Minister responsible for the budget. The debtor or the court-appointed agent having made a payment in breach of the same articles L. 112-6 to L. 112-6-2 are liable to a fine, the amount of which is set taking into account the seriousness of the breaches and which may not exceed 5% of the…

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Article L112-8 of the French Monetary and Financial Code

Deliveries of cereals by producers to cooperatives are paid for by cheque or transfer to a credit institution, a payment institution or an electronic money institution as part of the provision of payment services. The cooperatives authorise these establishments to provide the Inspectorate General of Finance and the agents of the national establishment for agricultural and sea products (FranceAgriMer) with the supporting documents for their accounts.

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Article L112-11 of the French Monetary and Financial Code

Payment service providers may not contractually restrict the possibility for a payee to apply charges, offer a discount to the payer or otherwise direct the payer to use a particular payment instrument. The charges applied may not exceed the direct costs incurred by the payee in using that payment instrument. Any stipulation to the contrary is deemed unwritten. During the first quarter of each year, the payment service provider shall…

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Article L112-12 of the French Monetary and Financial Code

Where the payee of a payment offers a discount to the payer for the use of a given payment instrument, the payee shall inform the payer before the payment transaction is initiated. The payee may not charge for the use of a given payment instrument. Exceptions to this prohibition may only be made under conditions defined by decree, issued after consultation with the French Competition Authority, taking into account the…

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Article L112-13 of the French Monetary and Financial Code

Where the payment service provider or another party involved in the transaction applies charges for the use of a given payment instrument, it shall inform the payment service user thereof before initiating the payment transaction. The payer is only required to pay the charges referred to in the second paragraph of Article L. 112-12 and in the first paragraph of this Article if he was aware of their total amount…

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Article L112-14 of the French Monetary and Financial Code

I.-The merchants referred to in article L. 121-1 of the French Commercial Code may provide cash to the Payment Service User as part of a payment transaction for the purchase of goods or services. II-This service may only be provided at the request of the Payment Service User acting for non-business purposes made immediately prior to the execution of a payment transaction for the purchase of goods or services and…

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