Member States must ensure the credit value date for the payee's payment account is no later than the business day on which the amount of the payment transaction is credited to the payee's payment service provider's account. The payee's payment service provider must ensure that the amount is at the payee's disposal immediately after that amount is credited where, on the part of the payee's provider, there is no currency conversion or where a currency conversion occurs between the euro and a Member State currency or between two Member State currencies; this obligation also applies to payments within one payment service provider.

Member States must ensure the debit value date for the payer's payment account is no earlier than the time at which the amount of the payment transaction is debited to that payment account.