What is the limit of cross-border transactions?

Export Transactions: Cross-Border PAs may directly on-board Indian merchants or enter into an agreement with e-commerce platforms/ domestic PAs. e. Transaction Limits: The maximum value per unit of goods/ services must not exceed INR 25,00,000.

What is the new EU payment regulation?

The Instant Payments Regulation (IPR) is a new European Union legislation that requires all payment service providers (PSPs) to offer the possibility to send and receive euro payments within seconds, 24/7, across the EU.

What is cross border exchange of information?

The CBE Directive aims to protect road users by helping authorities in different EU countries share information on traffic offences related to road safety (speeding, failing to use a seat belt, failing to stop at a red traffic light, drink-driving, driving while under the influence of drugs, failing to wear a safety ...

What is the cross-border payment regulation?

Charges levied by a payment service provider on a payment service user in respect of cross-border payments in the national currency of a Member State that has notified its decision to extend the application of this Regulation to its national currency in ance with Article 13 shall be the same as the charges levied ...

What is the EU regulation on cross border payments?

In September 2009, the European Parliament issued a regulation on cross-border payment that aimed at facilitating cross-border trade within the Union by ensuring that cross-border payment charges across Member States (MS) are the same regardless of the participation in the euro area.

What are the payment terms rules for the EU?

Maximum payment terms cannot be longer than 60 days unless expressly agreed by both parties and not grossly unfair. Where no terms are specified the default is 30 days. There are exceptions. The term begins from receipt of invoice and verification of invoice cannot exceed 30 days.

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P7_ta-prov(2011)0325 Cross-border Exchange Of Information On ... - Europarl Europa

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With a view to the adoption of a directive of the European Parliament and of the Council facilitating the cross-border exchange of information on road safety related traffic offences (17506/1/2010 C7-0074/2011 2008/0062(COD)) (Ordinary legislative procedure: second reading) The European Parliament, having regard to the Council position at first reading (17506/1/2010 - C7-0074/2011)), having regard to its position at first reading1 on the Commission proposal to Parliament and th.

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