On 13 May 2020, the European Banking Federation (EBF) published a guidance document on the revised Cross-Border Payments Regulation. The purpose of the document is to help EBF members in their implementation of the Regulation, in particular with regard to the new obligations related to transparency requirements for currency conversions for card-based payments and credit transfers.

The guidance document is written for general information purposes and does not constitute legal advice. It is not intended, and should not be used or relied upon, as a substitute for taking appropriate legal advice, and such advice should be taken before acting on any topics covered.