Prepared by the Luxembourg Bankers’ Association (ABBL) with its members, this simplified information sheet provides clear and accessible information on payment accounts and the main payment services available to consumers. Developed under the Luxembourg law of 8 March 2023 on accessibility, it explains how payment accounts work and covers deposits and withdrawals, SEPA and international transfers, direct debits, debit and credit cards, overdrafts, basic payment accounts, fees and contract termination.
