On 20 June 2018, there was published an opinion of Advocate General Tanchev in an Austrian Supreme Court case that concerned whether a particular kind of bank account referred to as an online direct savings account, whereby the customer has unlimited access to the funds in the account but all transfers to and from that account to third parties must be carried out through another account called a reference account, falls within the notion of a ‘payment account’ under Article 4(14) of the Payment Services Directive.