New Rules Regarding Payments

On 1st August 2010, two new laws come into force with regard to payment services, which entail increased consumer protection for you as a customer. These new laws are the Payment Services Act and the Unauthorised Transactions with Payment Instruments Act. By means of these two laws, Swedish legislation is complying with the EU directive regarding payment services which is implemented in all 27 EU countries as well as in EEA countries*.