PAYMENT.TECHNOLOGY.LAW.
  • Topics
    • Anti Money Laundering & Sanctions
    • Artificial Intelligence
    • Banking
    • Bitcoin & Cryptocurrencies
    • Crypto & digitisation
    • Data Protection
    • DORA & IT Security
    • FinTech
    • Insurance Law
    • Investment
    • Payment
    • PSD2
    • Regulatory
    • Tax
  • Podcast
  • PSD3 & Co
  • Glossary
  • Event Calendar
  • About
  • Contact
PAYMENT.TECHNOLOGY.LAW.
  • Topics
    • Anti Money Laundering & Sanctions
    • Artificial Intelligence
    • Banking
    • Bitcoin & Cryptocurrencies
    • Crypto & digitisation
    • Data Protection
    • DORA & IT Security
    • FinTech
    • Insurance Law
    • Investment
    • Payment
    • PSD2
    • Regulatory
    • Tax
  • Podcast
  • PSD3 & Co
  • Glossary
  • Event Calendar
  • About
  • Contact
  • EN
    • DE

Payment account

According to Section 1 para. 17 of the German Payment Services Supervision Act (ZAG) and Section 2 para. 8 of the German Payment Accounts Act (ZKG), a payment account is defined as an account in the name of one or more payment service users, which is used for the execution of payment transactions.

Significant hereby is the occurrence of payment transactions, which means that e-money accounts can also be payment accounts. If the account is only used for the clearing of receivables (e.g. a settlement or shadow account), then the account can’t be classified as a payment account.

Latest Posts
  • BRUBEG Explained: What the New Banking Package Changes for Financial Institutions | ALLES LEGAL #139
    • 17.06.26
    • byRenate Prinz
  • Turbo Certificates on a Leash
    • 16.06.26
    • byDr. Jörg Streißle
  • Cybersecurity: The implementation of NIS2 in Luxembourg
    • 10.06.26
    • byCharles Krier,Tancrede Montagne
Subscribe to our newsletter
Never miss PayTechLaw news again!

By continuing, you accept our privacy policy.
Event Calendar


Register now free of charge!

View all events & discounts

Paytechlaw on Social Media
LinkedIn
Google News
Spotify
SoundCloud
Apple
RSS
PAYMENT.TECHNOLOGY.LAW.
Payment. Technology. Law.
  • Contact
  • Newsletter
  • Imprint
  • Data Protection Policy