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Article L314-1 of the French Monetary and Financial Code

I. – A payment account is an account held in the name of one or more persons and used to carry out payment transactions. II. – The following are payment services 1° Services enabling cash to be paid into a payment account and management of a payment account; 2° Services enabling cash to be withdrawn from a payment account and payment account management transactions; 3° Execution of the following payment…

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