Eureka Reader Definitions Sign in

Definitions › Consumer protection (English)

overrunning

Defined in 2 EU acts of the Consumer protection group: Payment Accounts Directive First CCD2 Own wording

Payment Accounts Directive, Article 2(26) First adopted 2014-07-23

a tacitly accepted overdraft whereby a payment service provider makes available to a consumer funds which exceed the current balance in the consumer’s payment account or the agreed overdraft facility

CCD2, Article 3(19) Own wording adopted 2023-10-18

a tacitly accepted overdraft whereby a payment service provider creditor makes available to a consumer funds which exceed the current balance in the consumer’s payment current account or the agreed overdraft facility

Compared with Payment Accounts Directive: struck words are only in Payment Accounts Directive, marked words only here.

Every term of the Consumer protection group · Other groups