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Review of the regulatory environment relative to Money Transfer ...

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(b) if agreed, <strong>the</strong> conditions under which <strong>the</strong> payment service provider reserves<strong>the</strong> right <strong>to</strong> block a payment instrument;(c) <strong>the</strong> liability <strong>of</strong> <strong>the</strong> payer, including information on <strong>the</strong> relevant amount;(d) how and within what period <strong>of</strong> time <strong>the</strong> payment service user is <strong>to</strong> notify <strong>the</strong>payment service provider <strong>of</strong> any unauthorised or incorrectly executed paymenttransaction as well as <strong>the</strong> payment service provider's liability for unauthorisedpayment transactions;(e) <strong>the</strong> liability <strong>of</strong> <strong>the</strong> payment service provider for <strong>the</strong> execution <strong>of</strong> paymenttransactions; and(f) <strong>the</strong> conditions for refund;6. on changes in and termination <strong>of</strong> framework contract:(a) if agreed, information that <strong>the</strong> payment service user will be deemed <strong>to</strong> haveaccepted changes in <strong>the</strong> conditions, unless he notifies <strong>the</strong> payment serviceprovider that he does not accept <strong>the</strong>m before <strong>the</strong> date <strong>of</strong> <strong>the</strong>ir proposed date <strong>of</strong>entry in<strong>to</strong> force;(b) <strong>the</strong> duration <strong>of</strong> <strong>the</strong> contract; and(c) <strong>the</strong> right <strong>of</strong> <strong>the</strong> payment service user <strong>to</strong> terminate <strong>the</strong> framework contractand any agreements relating <strong>to</strong>;

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