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Subsection 2: Relationship between the respective payment service providers and the payment service user

Article L133-17-1 of the French Monetary and Financial Code

An account-holding payment service provider may refuse a payment service provider providing an account information or payment initiation service access to a payment account for objectively justified and documented reasons relating to unauthorised or fraudulent access to the payment account by that payment service provider, including unauthorised or fraudulent initiation of a payment transaction. In the cases referred to in the first subparagraph, the payment service provider managing the account…

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